The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

With Meta laying off a large portion of its VR department in favor of smart glasses, Oculus founder Palmer Luckey believes ...

Luckey founded Oculus and sold it to Facebook for $2 billion in 2014. He wants the metaverse to be built, but says Facebook's current product Horizon is "not good." Still, Luckey sees the possibility ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio ...

Several of Meta's VR studios have been affected by the company's metaverse-focused layoffs. The company has shuttered three ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

Remember the metaverse? No? Well, you’re not alone. It seems but a faint memory now, but before AI mania swept Silicon Valley, the concept that everyone would soon be strapping on headsets and logging ...