Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

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 ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

The post Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss appeared first on Android Headlines.

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

Meta Platforms (META) is reworking its long term story by cutting back on metaverse projects, redirecting capital into AI ...

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly ...

Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

According to people familiar with the talks, Meta and manufacturing partner EssilorLuxottica are discussing doubling production capacity for Ray-Ban Meta smart glasses, lifting annual output to around ...

As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual reality and metaverse products, Bloomberg reports. The company will refocus ...