Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...
Meta Reality Labs’ CTO Andrew Bosworth has spoken publicly about the recent major VR layoffs at the company, and it really ...
5don MSNOpinion
Well, there goes the metaverse!
The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
Meta is shifting gears as a bold business venture faces significant challenges.
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
A big shakeup at Reality Labs.
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
With Threads ads going global, is Meta unlocking its next growth lever, or should investors stay cautious on META stock?
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