The go-to VR headset for gaming and other immersive experiences is just $270, with 3 free months of Meta Horizon+ thrown in.
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
The reported financial losses follow a series of layoffs at the VR unit.
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...
Meta’s virtual reality ambitions continue to come at a steep cost. The company has revealed that Reality Labs, the division ...
Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.
Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...
Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...
Meta (META) is reportedly cutting at least 10% of its metaverse staff as it continues to shift resources to developing artificial intelligence capabilities, according to sources cited by The New York ...
Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities to build next-generation AI.
Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...