While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't ...

Meta CEO Mark Zuckerberg has reorganized the company's artificial intelligence efforts under a new division called Meta ...

Meta’s CEO, Mark Zuckerberg announced the creation of Superintelligence Labs a new division aimed at developing AGI.

Meta, on Thursday (April 24), laid off an unknown number of employees from its Reality Labs division, which includes employees working in Oculus studios, who are responsible for creating mixed ...

Meta’s (META) ambitious push into augmented and virtual reality through Reality Labs has been a costly gamble, with billions poured into its development. While a breakthrough in AR/VR (augmented ...

Meta lays off Reality Labs staff, impacting Oculus Studios and VR fitness app Supernatural, while pursuing new hires and restructuring efforts. Business Insider Subscribe Newsletters ...

The job cuts may help Meta improve the financial performance of Reality Labs, which lost $4.96 billion on $1 billion in revenue during the last three months of 2024.

Meta has laid off employees in its Reality Labs division, including teams working in Oculus Studios and some employees working on hardware. The future of fitness. Skip to main content ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter.

Meta's Reality Labs division logged an operating loss of $4.97 billion while scoring $1.1 billion in sales during the fourth quarter, the company said in January.

Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality and related wearable devices. The cuts affected an unspecified number of ...