Meta's efforts to create the digital worlds known as the metaverse continue to be costly.

Ahead of an upcoming technical conference, researchers from Meta’s Reality Labs Research group published details on their work toward creating ultra-wide field-of-view VR & MR headsets that use novel ...

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies. The company reported a third-quarter loss for the business on Wednesday of $4.4 billion ...

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 ...

Meta Platforms' (NASDAQ: META) latest earnings report made one thing abundantly clear: the firm’s advertising business is by far its most important growth driver. That business is operating at a pace ...

(Bloomberg/Kurt Wagner) — Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and ...