The go-to VR headset for gaming and other immersive experiences is just $270, with 3 free months of Meta Horizon+ thrown in.

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.

The reported financial losses follow a series of layoffs at the VR unit.

Meta’s virtual reality ambitions continue to come at a steep cost. The company has revealed that Reality Labs, the division ...

Meta said it's shutting down Workrooms in February, deleting user data as Reality Labs faces layoffs and the company ...

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

Reality Labs, the business behind Meta’s Meta Quest headsets and Ray-Ban Smart Glasses, has roughly 15,000 employees.

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

Meta plans to cut employees in its Reality Labs division, which includes metaverse products, as the company shifts priorities to build next-generation AI.

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...