Meta is scaling back its metaverse focus, cutting studios and headcount at Reality Labs to prioritize artificial intelligence ...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is establishing a permanent retail presence in New York City, converting ...
Meta’s VR scale back is heading into phase two as the company has revealed its timeline for the full closure of its Meta Horizon Worlds metaverse.
Excitement builds around seven AR bets as 2026 brings new hardware and platform shifts. The moment matters because companies are cutting, doubling down, or pivoting ...
Meta has laid off about 100 people in Austin and is shutting down three area gaming studios amid broader cuts to its virtual reality division. “This is part of that effort, and we plan to reinvest the ...
Alphabet’s Google has entered the glasses race by partnering with Xreal Inc. on the first spectacles to run an augmented-reality version of its operating system. At the Google I/O conference on ...
Facebook parent company Meta has released its latest earnings report, and while the company made many billions of dollars in profit, not every business unit at the technology giant is profitable. The ...