Meta is backtracking on its plans to shut down the VR version of its metaverse. The company now plans to support Horizon ...

Meta Platforms (NasdaqGS:META) is cutting about 700 roles, largely in its Reality Labs hardware organization. The company is ...

Meta spent billions of dollars on a VR playground with the goal of becoming the new way people use the internet. But the ...

In Brief: Meta Revises Metaverse Plans: Horizon Worlds will transition from a VR-focused platform to a mobile application, and will be removed from the Quest store. Yuga Labs' Emerging Ecosystem: ...

Soon after announcing that Horizon Worlds would be discontinued, Meta has taken a sharp U-turn. Here's what that means for ...

While Meta’s shift may signal a broader retreat from the metaverse, law firms that opened virtual offices in the early 2020s have already stepped back from their investments in the space.

Meta is laying off several hundred employees across key divisions — including Facebook and its Reality Labs unit — as it ...

Meta is laying off about 700 people at Facebook and its VR division reality Labs, according to a new report from CNBC. The ...

The shutdown of Horizon Worlds is the clearest signal yet that the metaverse pivot has been quietly unwound as AI takes ...

Meta Platforms (NASDAQ:META) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change.

Meta's expenses have been rising at a faster rate than revenue in recent quarters.

Meta said its road to the metaverse ran through Seattle. Recent layoffs point to a dead end. Meta laid off hundreds of ...