Meta's efforts to create the digital worlds known as the metaverse continue to be costly.

Meta has made the decision to discontinue Workrooms as a standalone appIllustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is discontinuing its workplace virtual reality app ...

Meta Platform, Inc. (META), which used job cuts to fight the inflation-induced softness in 2022, has persisted with the strategy as President Donald Trump's tariffs threaten a global downturn. CNBC ...

Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ties to the Quest virtual reality headset line. The decision, confirmed ...

But where will all the legless avatars go?

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 ...

April 24 (UPI) --Meta has laid off employees who worked in its Reality Labs division on developing virtual and augmented reality systems and the wearable devices that use them, the company announced ...

Could this be the actual bad signs for the VR industry people have been portenting for years? Meta is laying off over 100 employees in their VR division. Meta made the announcement earlier in the week ...

Meta announced it’s separating Horizon Worlds from the Quest platform, as the one-time social VR app is going “almost exclusively mobile” moving forward. The News “Our goal remains constant: to ...

Meta reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating loss of $4.53 billion while recording $370 million in sales during the period. Analysts were ...

Despite a burst of popularity during the COVID-19 pandemic, the AR/VR industry now seems adrift as companies try to decide ...