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 ...
Curran estimates that between 70% and 80% of all virtual reality revenue comes from the Meta store, meaning that the company's decision to reduce focus on the VR business has a detrimental effect on ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
Last week's layoffs of 1,500 Reality Labs employees shocked the Meta Quest community, and now Meta is finally explaining what ...
Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...
The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...
Meta acquired Supernatural developer Within in 2023 (after a fight with the FTC), Twisted Pixel and Armature in 2022, and ...