The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...
Mark Zuckerberg rebranded Facebook as Meta and presented the metaverse as the next evolution of the internet, built around ...
With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...
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In its second-quarter earnings report on Wednesday, Meta said Reality Labs generated revenue of $431 million, up from $370 million a year earlier, while its operating loss widened from $4.53 billion a ...
Maher Saba, head of the tech giant’s new Applied AI Engineering division, outlined the overhaul in a memo Tuesday (April 14), The Information reported. Saba, who had been vice president of Reality ...
An illustration photograph taken on February 20, 2025 shows Meta logo is displayed on a laptop screen next to the Facebook app displayed on a phone screen, in a residential property in Guildford, ...
Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices such as smart glasses. Meta’s decision to deprioritize virtual reality in ...
Does anyone still remember the metaverse? You may understandably have zapped it out of your brain to make room for more useful information but, to jog your memory, "metaverse" is a word Mark ...
The Federal Trade Commission is accusing Meta of trying to buy its way to the top of the virtual reality fitness app market with the buy of Supernatural ...