Meta CTO and Reality Labs chief Andrew Bosworth detailed why he thinks he might have failed VR gaming fans, and why some people are angry, noting that it’s probably because the “gravy train has come ...

Snap OS 2.0 expands Spectacles AR features with spatial mapping and hand tracking; 46° diagonal view defines the display scope.

Billionaire investor and hedge fund manager Bill Ackman is making a big gamble on the future of Mark Zuckerberg and his Meta platforms. Ackman has allegedly committed an estimated $2 billion to Meta, ...

What’s inside XReal’s latest pair of smart glasses, the 1S. Where the 1S fits into the augmented-reality (AR) landscape. What is a “birdbath lens,” and how it differs from a waveguide. XReal recently ...

Meta Platforms underwent a big transformation in 2021 as it pivoted toward the metaverse. The company has spent tens of billions of dollars on the metaverse, with not much to show for it. It recently ...

Facebook parent company Meta has once again posted disappointing results for its metaverse-focused Reality Labs division, with little in the way of revenue compared to the mounting operational losses ...

Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly cutting as many as 1,000 employees. Now, in a development that seems directly related, the ...

As Meta continues to shift its business model away from developing the metaverse and toward building an artificial intelligence platform, the company confirmed plans to lay off hundreds of employees ...

A majority of the workers laid off in the recent worker adjustment and retraining notification (WARN) filing stem from the company's "Reality Labs" division. California's WARN notice revealed that the ...

Meta Platforms is permanently laying off 331 workers in Washington, according to the Washington Employment Security Department. The company owns a group of major social media apps, including Facebook, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Almost one-third of the cuts ...