Over the past decade, Meta Platforms has transformed into a leading capital-return engine, returning $183 billion to ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

Meta is shifting gears as a bold business venture faces significant challenges.

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

A big shakeup at Reality Labs.

Meta Reality Labs’ CTO Andrew Bosworth has spoken publicly about the recent major VR layoffs at the company, and it really ...

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 ...

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

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