Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

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

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

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

The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.

That went well Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark ...

Oculus founder Palmer Luckey said Meta's VR cuts targeted subsidized game studios that were crowding out developers and ...

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

Due to those layoffs and organizational changes, it closed three of its VR studios. Reality Labs had lost more than $70 ...

After Meta's clear-out, a new chapter begins for the VR industry. What happened, why, and what's next for Meta's VR division?

Meta (META) is reportedly cutting at least 10% of its metaverse staff as it continues to shift resources to developing ...

Meta, which operates social media platforms Instagram and Facebook, is rethinking its investments after a group of its ...