Meta's biggest swing at creating a social network for VR looked like it was dying a quick death in June. Horizon Worlds, a platform that Meta said would be deemphasized for VR in favor of mobile ...

In January 2026, Meta cut roughly 1,500 employees from its Reality Labs division, about 10% of the unit. Three internal game ...

Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...

Meta's latest VR headsets, the Quest 3s, will be manufactured in Vietnam starting next year according to an announcement made ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

When Facebook changed its name to Meta a few years ago, the idea was that the VR metaverse would become a huge pillar for the company. I think we can safely say that's not going to happen. On its ...

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Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Meta's (META) reported plan for deep cuts to its metaverse spending could spark a "significant rally" for shares of the Facebook parent company, Mizuho analysts said. Meta stock edged higher Friday.

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...