Though still refocusing on its mobile app, Meta will now continue to support Horizon Worlds' existing VR games as well.

Meta knows it can’t fully abandon VR, even if the hype surrounding the metaverse and its Horizon Worlds virtual environment has withered to a shallow husk of its initial promise. Just two days after ...

Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...

While Meta’s shift may signal a broader retreat from the metaverse, law firms that opened virtual offices in the early 2020s ...

Meta is laying off about 700 people at Facebook and its VR division reality Labs, according to a new report from CNBC. The ...

Meta Platforms will shut down its Horizon Worlds metaverse for virtual reality users in June, pivoting to a mobile-only ...

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Solana Foundation President Lily Liu compared on-chain gaming to Meta's failed Metaverse project, which invested up to $88B ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...