Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...

Meta is revamping its AI strategy with leadership changes, increased investments, and a shift away from open-source. Wall ...

According to reports first published by Bloomberg, Meta executives have discussed major funding cuts within the Reality Labs ...

Investors have complained for years that Mark Zuckerberg's metaverse operations were a drain on resources. Now they're ...

Meta lready sells VR headsets and Ray-Ban smart glasses, but these new glasses sound a bit different. Their format factor ...

Meta is cutting metaverse spending by 30% and pivoting sharply toward AI glasses and wearables as the company resets its long ...

Meta signifies a shift towards the future with a focus on the Metaverse and products such as the Oculus Quest 2. The Metaverse will feature virtual workrooms and gaming experiences, as highlighted in ...

Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business ...

The delay from an initially planned release in the second half of 2026 is because the company wants a fully polished device ...

Valve confirms the Steam Machine won't be subsidized like a console. Pierre-Loup Griffais states pricing will match the cost ...

The launch of Meta's mixed reality glasses, codenamed 'Phoenix', has been delayed to 2027, according to a new report. The ...