Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...

With Meta laying off a large portion of its VR department in favor of smart glasses, Oculus founder Palmer Luckey believes ...

Wait, no more virtual sitting in a virtual chair, chatting with virtual people with a VR headset on, for hours? Bummer.

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

Meta CTO Andrew Bosworth says slower VR adoption has forced the company to cut jobs and scale back parts of its metaverse push while keeping investments focused on areas with clearer growth.

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 ...

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 ...

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

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

While Meta is now throwing billions at AI like all other companies in Silicon Valley, it has not yet abandoned its last great crusade, the idea that it would build an online metaverse, something it ...