Meta burned $19 billion on VR last year, and 2026 won’t be any better
Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly…
Meta’s Layoffs Leave Supernatural Fitness Users in Mourning
Tencia Benavidez, a Supernatural user who lives in New Mexico, started her VR workouts during the Covid pandemic.…
Well, there goes the metaverse!
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees…
Meta Begins Job Cuts as It Shifts From Metaverse to AI Devices
Photographer: David Paul Morris/Bloomberg (Bloomberg) — Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s…
Meta refocuses on AI hardware as metaverse layoffs begin
As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which…
Asks If He Is Set To Waste Billions More On AI
Economist Dean Baker criticized Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg’s massive bet on the Metaverse, arguing the…
Meta is pausing its dream of sharing Quest’s Horizon OS with third-party headset makers
Meta says that it has paused its program to share Meta Horizon OS, the mixed reality operating system…