Palmer Luckey, the Oculus founder whom Meta CEO Mark Zuckerberg fired after acquiring his company for $2 billion, has now ...
The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.
Major job cuts at Meta could signal a shift from virtual reality to the broader, less-immersive forms of extended reality.
UFC rebranded its UFC Apex facility as Meta Apex after a five-year deal with Meta, citing VR, AI and wearable tech ...
Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...
Around 1,500 workers under Meta's Reality Labs division have been laid off as part of Meta's shift away from VR and to AI.
When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
Meta has laid off nearly 1,500 employees from its Reality Labs division as it pivots away from metaverse investments and ...
Meta’s new initiative, backed by massive AI data‑center and nuclear‑power commitments, keeps META in buy‑or‑hold territory ...
After Meta's clear-out, a new chapter begins for the VR industry. What happened, why, and what's next for Meta's VR division?
The VR dream is dead, but AR glasses may still force us to work two inches from our screens. We were never going to work in ...
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