Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...
Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.
The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...
Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
View post: Royal Rumble 2026 Delivers Shocking Winners and Game-Changing Surprise Entrants Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from metaverse to ...
Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...
Meta Platforms Inc. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual ...
Meta confirms Horizon Workrooms will shut down in February 2026 as the company shifts focus away from metaverse workplace VR.
The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...
Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.