Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

Meta's Q4 2025 was the company's strongest quarter yet, ending an impressively successful financial year but raising questions about 2026 spending.

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

The company's market capitalization has escalated by roughly $173 billion during the last 5 days and now sits at $1.7 trillion.

By Jaspreet Singh Jan 28 (Reuters) - Snap will create an independent subsidiary for its augmented reality smart glasses, as ...

A big shakeup at Reality Labs.

Shares in Meta jumped 10% in after-hours trading Wednesday after the company forecast higher operating income for this year, ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...

Meta Platforms is permanently laying off 331 workers, according to the Washington Employment Security Department.

Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company's VR and metaverse products.