Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different ...

Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent round of cuts and product pullback, Meta's CTO acknowledge that the industry was ...

Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies. The company reported a third-quarter loss for the business on Wednesday of $4.4 billion ...

This past week, a frenzy of news posts and analyst critiques focused on Meta's "deep cuts" across its Metaverse division. This new division of Reality Labs, launched just one month ago, was created to ...

Meta Superintelligence Labs, led by Alexandr Wang, is hiring a new leader to spearhead its AI hardware division, hinting at ...

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: ...

Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...

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 ...

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

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