Meta's efforts to create the digital worlds known as the metaverse continue to be costly.

Meta has made the decision to discontinue Workrooms as a standalone appIllustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is discontinuing its workplace virtual reality app ...

Meta Platform, Inc. (META), which used job cuts to fight the inflation-induced softness in 2022, has persisted with the strategy as President Donald Trump's tariffs threaten a global downturn. CNBC ...

Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent round of cuts and product pullback, Meta's CTO acknowledge that the industry was ...

But where will all the legless avatars go?

This past week, a frenzy of news posts and analyst critiques focused on Meta's "deep cuts" across its Metaverse division. This new division of Reality Labs, launched just one month ago, was created to ...

Lowpass newsletter. “It is a pretty rough time for the game industry.” Meta Reality Labs director of games Chris Pruett did not mince words when he returned to GDC for his annual talk on the state of ...

April 24 (UPI) --Meta has laid off employees who worked in its Reality Labs division on developing virtual and augmented reality systems and the wearable devices that use them, the company announced ...

With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...

Could this be the actual bad signs for the VR industry people have been portenting for years? Meta is laying off over 100 employees in their VR division. Meta made the announcement earlier in the week ...

Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies. The company reported a third-quarter loss for the business on Wednesday of $4.4 billion ...