Meta is planning to raise prices for its VR devices, citing tariffs and a shift to sustainable business models for long-term ...

Mark Zuckerberg spent years insisting that virtual reality would define the next era of computing, even renaming his company ...

After years of pouring billions into building the metaverse, the company is scaling back and shifting in a new direction.

Rumors are swirling that Facebook's parent company, Meta, may cut as much as 30% from its virtual reality efforts in order to ...

Meta’s Mark Zuckerberg made a big gamble, and it reportedly cost his company $77 billion in the last five years.

According to a report from Bloomberg, Meta will cut spending by up to 30% on Meta Horizon Worlds and Quest virtual-reality development as part of the company's annual budget planning for the new year.

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...

Reality Labs encompasses several areas of Meta's VR/AR business, but Bloomberg writes that two of them will be hit hardest: ...

Shockingly, Meta head Mark Zuckerberg is preparing to pull the plug on a considerable project. After pouring tens of billions into the virtual reality fantasy known as the Metaverse, the parent ...

It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group ...