After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the metaverse just yet, according to a report from The New York Times late ...

Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more disciplined spending and artificial intelligence. With the shares already ...

Meta's CTO, Andrew Bosworth, acknowledged painful layoffs in Reality Labs, admitting metaverse growth is slower than hoped.

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

Looking to become an industry leader in both generative artificial intelligence and metaverse gaming, Meta is attempting to develop a generative AI strategy for its virtual reality (VR), augmented ...

Meta stock jumped after Q4 earnings showed AI-driven ad growth is paying off, easing fears that Meta’s AI push will repeat its metaverse mistakes.

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

Better laid off 1500 workers from its reality labs division last week as it moves away from its vision for a future in the Metaverse and funnels billions into AI. So, how did CEO Mark Zuckerberg go ...