Facebook parent company Meta has once again posted disappointing results for its metaverse-focused Reality Labs division, with little in the way of revenue compared to the mounting operational losses ...
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...
Meta Platforms Inc. (NASDAQ: META) is reportedly planning to cut about 10% or more jobs in its Reality Labs division, which includes the metaverse, to focus more on next-generation AI initiatives. The ...
Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...
Meta Platforms META-1.07%decrease; red down pointing triangle has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses its virtual and augmented ...
The Division 2’s Rise Up season is here, bringing Escalation mode, new loot tiers, and nine weeks of manhunt challenges. Whether you’re chasing meta builds, farming efficiently, or tackling high-tier ...
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 ...
(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 ...