With Meta laying off a large portion of its VR department in favor of smart glasses, Oculus founder Palmer Luckey believes "this isn't a disaster," but upcoming Quest headsets aren't looking bright.

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

Another notable release is last year’s Marvel’s Deadpool VR. This action-heavy title drops players into chaotic firefights filled with irreverent humor, backed by voice work from Neil Patrick Harris.

Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

Meta has announced fresh layoffs in its Reality Labs division as it shifts focus from heavy virtual reality spending to AI wearables. Following the announcements, Oculus founder Palmer Luckey, who was ...

Meta trims Reality Labs workforce as slower VR adoption pushes the company to refocus investments on wearables and practical ...

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

Meta has cut up to 1,500 Reality Labs employees and closed three VR studios, triggering 'VR winter' fears as the company ...

Meta’s heavy AI capex weighs on near-term earnings, but one analyst argues it’s building a demand engine the market still ...

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