Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...

The company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 positions as the tech giant pivots decisively away from its ambitious metaverse ...

We came across a bullish thesis on Meta Platforms, Inc. on Investment Ideas by Antonio’s Substack by Antonio Linares. In this ...

Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...

Almost one-third of the cuts will take place at the tech giant’s offices in Redmond, which house its augmented reality division.

Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...