Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
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 Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
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 layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the company's virtual and augmented reality technology.
Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...
Oculus founder Palmer Luckey said Meta's VR cuts targeted subsidized game studios that were crowding out developers and ...
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 ...
The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...
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?
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