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 ...

RIP the metaverse.

Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

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

A big shakeup at Reality Labs.

Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

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

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...