The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as Zuckerberg’s Vision Fails appeared first on Futurism.

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

There's a lot for investors to like about Meta in 2026.

The company's Reality Labs division--which comprises virtual and augmented reality consumer hardware, software, and ...

Should investors still be buying Meta's stock?

The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out. The first Big Tech layoffs of 2026 have happened. This week, Facebook ...

Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer shared his thoughts on. Cramer noted that “Meta knows ...

The company's market capitalization has escalated by roughly $173 billion during the last 5 days and now sits at $1.7 trillion.

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

The layoffs come as Meta announces widespread layoffs across its Reality Labs division. The business is responsible for the ...