Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person workforce — as early as this week as the company pivots hard toward artificial ...

Meta poured billions into its VR and metaverse efforts. It even renamed the company after it. But after the recent round of cuts and product pullback, Meta's CTO acknowledge that the industry was ...

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its Reality Labs division, aiming to reallocate funds to high-priority areas. In ...

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the VR industry. "The market has spoken," said Jitesh Ubrani, an analyst for ...

SAN FRANCISCO — Meta plans to cut about 10% of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as ...

Alan Dye, the design executive who led Apple’s user interface team for the last decade, is leaving the company to join Meta, according to a report from Bloomberg’s Mark Gurman. This is a significant ...

Meta Platforms' (NASDAQ: META) latest earnings report made one thing abundantly clear: the firm’s advertising business is by far its most important growth driver. That business is operating at a pace ...