The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out. The first Big Tech layoffs of 2026 have happened. This week, Facebook ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company continues to shift toward AI.

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...

Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...

The company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual conference room that can be accessed using the Facebook parent’s VR headsets.

Facebook parent company Meta's Reality Labs metaverse-focused division generated $2.2 billion in revenue for the 12 months ending December 31st, 2025, but clocked up a $19.2 billion operational loss.

As it seeks to build AI tools many users don’t want, Meta Platforms Inc. has sacrificed a high-quality product adored by droves. Supernatural, the virtual reality fitness app, is being wound down as ...

(Reuters) -Facebook parent Meta Platforms put profit from its virtual-reality platform over safety, two former researchers told a Senate panel on Tuesday. Former Meta user experience researcher Cayce ...

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...