The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Meta announced a fresh set of layoffs for the Reality Labs division.

Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.

Meta will cut 10% of employees in its Reality Labs division.

Meta chief technology officer Andrew "Boz" Bosworth said early in 2025 that the metaverse could be a "legendary misadventure" ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

You’ve been reading about the metaverse, and you aren’t sure what to do about it yet. Is it too early? Is it already too late? What level of investment is needed? Where will you find expertise?

Our weekly roundup of news from Asia curates the industry’s most important developments. Can the metaverse solve Japan’s “hikikomori” problem? Research and consulting firm Yuri Group estimates that ...

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.

When Mark Zuckerberg announced ambitious plans to build the "metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new ...