Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.

The digital domain of the metaverse remains a massive opportunity for many sectors. With its massive potential applications, it’s no surprise that it’s drawn significant investment from major tech ...

Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...

With more companies jumping on the bandwagon, virtual reality tech is more visible – and investable – than ever.

In a nutshell: Remember how much faith Mark Zuckerberg had in the metaverse? He even renamed his company after the concept of a shared VR social platform. That was before AI became the tech industry's ...

Add Yahoo as a preferred source to see more of our stories on Google. The metaverse has captured the attention of tech developers, marketers, and users alike. Envisioned as the digital world of the ...

HAMBURG, Germany--(BUSINESS WIRE)--Bizzlogic, a software company that provides data visualization, virtual reality, augmented reality, and metaverse platform development, today announced the full ...

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

Remember the metaverse? No? Well, you’re not alone. It seems but a faint memory now, but before AI mania swept Silicon Valley, the concept that everyone would soon be strapping on headsets and logging ...

Meta handily beat Wall Street’s expectations for its Q2 results, but there was no joy in its metaverse division, which posted a wider-than-expected loss and warned investors to expect the situation to ...