Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...

Meta is finally putting hard numbers behind its strategic pivot, cutting jobs in the very division that once embodied its ...

Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...

In a world beleaguered by crises, ranging from the stark realities of environmental degradation to the societal instability driven by global uncertainties, the metaverse emerges as a virtual sanctuary ...

The planned reductions will disproportionately impact teams working on VR headsets and the company's VR-based social network ...

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on. Late last year, ...

View post: Nintendo Lists Switch and Switch 2 Games Under $30 You Can Play Today, Starting at $4.99 Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...

But Meta’s own cost-cutting efforts don’t support that, with the company informing staff that it’s cutting another 10% of employees from its Reality Labs division, the depar ...

A new report from the data and analytics company GlobalData suggests that the metaverse, a virtual world where users share experiences and interact in real-time within simulated scenarios, faces an ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Alex Howland There’s been ...

Forbes contributors publish independent expert analyses and insights. Marc Berman is a New York-based reporter who covers media. This article is more than 2 years old. Users can interact with a ...