The division currently employs around 15,000 people, and about 10% are set to lose their jobs this week, sources tell The New ...
Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...
In yet another week, the global NFT market has shown light signs of recovery, with trading volume rising 2% to $61 million.
Meta is preparing layoffs in its Reality Labs unit as it shifts spending away from some VR products toward AI wearables.
Even as one of the best TV shows of the 1960s, that still meant entire planet sets looked liable to blow away in a strong ...
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...
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Wells Fargo crowns AMD the new chip king. The bank upgraded semiconductor stocks this morning with AMD as its top pick—a bold ...
Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities ...
After Meta's clear-out, a new chapter begins for the VR industry. What happened, why, and what's next for Meta's VR division?