Tech visionaries sold us the bizarre idea of a ubiquitous metaverse. While we stay in the real world, glued to our phones, ...
Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 ...
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
As Meta reshuffles its priorities to focus on AI, its budget cuts and layoffs are impacting developers in Austin.
A big shakeup at Reality Labs.
Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...
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