We said last month that we were shifting.” The short line landed like a blow when Meta confirmed Reality Labs cuts this week, ...
Meta Platforms’ job cuts at its Reality Labs division this past week, where it let go about 10% of the unit, were the first ...
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
Meta's Reality Labs division, long the epicenter of its metaverse ambitions, has now claimed over $73 billion in losses since ...
The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...
Meta Platforms, Inc. (NASDAQ:META) is among the most profitable US stocks to buy. According to Bloomberg’s Kurt Wagner report ...
Meta Platforms (NASDAQ:META) has delivered outstanding performance compared its hyperscaler peers such as Apple (NASDAQ:AAPL) ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
The VR dream is dead, but AR glasses may still force us to work two inches from our screens. We were never going to work in ...
Meta is sunsetting Horizon Workrooms, its standalone remote work VR app, and it will also stop selling commercial SKUs of Meta Quest headsets.
Meta will discontinue the metaverse for work on February 16th. This comes after it laid off around 10% of its entire Reality ...
Meta is laying off more than 1,000 employees as it scales back its metaverse ambitions and redirects investment toward ...