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 (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal. Yahoo Finance Tech Editor Dan Howley joins Market Domination to examine what ...

The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

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

Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...

Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...

The future of Meta's virtual reality ambitions now rests largely with consumers. The immersive virtual worlds that prompted ...

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

Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...