Following reported plans to slash 30% of spending in its metaverse and wearables division, Meta has announced another round of Reality Labs job cuts, showcasing its increased investment in artificial ...

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 ...

With more companies jumping on the bandwagon, virtual reality tech is more visible – and investable – than ever.

Next year could feature phones and XR headsets/glasses from Samsung. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. A new report claims Samsung ...

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and into other AI wearables. The ...

Meta's top technology executive has openly defended the company's recent layoffs, offering a clear explanation for why the tech giant is pulling back from some of its virtual reality plans while ...