The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan ...

MENLO PARK, Calif. — Facebook is trying to pull in workplace users with a new virtual-reality app called Horizon Workrooms. Workrooms lets people meet remotely in a virtual space populated by avatars.

Virtual reality was supposed to transform entertainment. At least, that was the expectation roughly a decade ago with the arrival of the Oculus Rift, the first virtual reality (VR) headset that many ...