After Meta's course change: This is how the metaverse continues

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...
Road to VR

Meta CTO: Metaverse Efforts Led to a “lack of focus” on Quest “at expense of user experience”

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...
CoinTelegraph

Meta to cut 10% of metaverse arm this week amid AI push: Report

Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Meta is reportedly set to lay off around 10% of staff from ...

Will Cuts to the Metaverse Help Meta Platforms Stock Soar in 2026?

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

Nobody mourns the metaverse: What went wrong with Zuckerberg's vision and what is next for VR?

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...
Benzinga.com

Weekend Round-Up: Metaverse Cuts, EU's Antitrust Probe, Netflix's Massive Acquisition And More

This week was a whirlwind of tech and media news, with major developments from Meta Platforms, Netflix Inc., and Amazon.com. From Meta’s potential metaverse budget cuts to Netflix’s massive ...
AOL

4 Years After Going All-In, Meta Platforms Is Finally Ditching the Metaverse

Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...