Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s virtual reality (VR) and augmented reality (AR) headsets as well as ...

Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different organizations within the company, including Facebook, global operations, ...

Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on building the "metaverse," a ...

Meta's Reality Labs burned $4.2 billion in Q1 2025 while Quest sales declined, marking $80 billion in total losses as the company pivots to AI glasses.

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter. The ...

AI thrives on data but feeding it the right data is harder than it seems. As enterprises scale their AI initiatives, they face the challenge of managing diverse data pipelines, ensuring proximity to ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions of dollars spent, it's quietly being shelved in favour of AI, writes Adam ...

April 16 (Reuters) - Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from April 19 in the United States due to rising costs of memory chips. Its ...

(ticker: META) in October 2021, many investors began to realize just how transformative the metaverse could be. The metaverse ...