The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out. The first Big Tech layoffs of 2026 have happened. This week, Facebook ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta is adjusting its vision of the digital future. Where the Facebook name had to give way to ‘Meta’, because: metaverse is the future, now the group is now closing the production studios of those ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.
(Reuters) -Facebook parent Meta Platforms put profit from its virtual-reality platform over safety, two former researchers told a Senate panel on Tuesday. Former Meta user experience researcher Cayce ...
The heaviest hit facility is the Reality Labs office in Redmond, followed by the Spring District office in Bellevue, ...
Cuts expected to hit around 10% of Reality Labs' 15,000-strong workforce.
Meta is shifting gears as a bold business venture faces significant challenges.
As it seeks to build AI tools many users don’t want, Meta Platforms Inc. has sacrificed a high-quality product adored by droves. Supernatural, the virtual reality fitness app, is being wound down as ...
Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...