Meta's efforts to create the digital worlds known as the metaverse continue to be costly.

This past week, a frenzy of news posts and analyst critiques focused on Meta's "deep cuts" across its Metaverse division. This new division of Reality Labs, launched just one month ago, was created to ...

Meta Platforms (NASDAQ:META) is reviving its previously shelved “Malibu 2” project, with plans to launch its debut smartwatch ...

Meta Quest 3 games and apps could soon look smoother as Meta upgrades latency and frame pacing with a new back-end developer ...

But where will all the legless avatars go?

Meta's Chief Technology Officer and head of Reality Labs, Andrew Bosworth, has called an all-hands meeting for January 14, describing it as the "most important" of the year. Bosworth is also strongly ...

Following reported plans to slash 30% of spending in its metaverse and wearables division, Meta has announced another round of Reality Labs job cuts, showcasing its increased investment in artificial ...

Meta reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating loss of $4.53 billion while recording $370 million in sales during the period. Analysts were ...

Meta (META) is reportedly cutting at least 10% of its metaverse staff as it continues to shift resources to developing artificial intelligence capabilities, according to sources cited by The New York ...

Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. Stream Los Angeles News for free, 24/7, wherever you are. The social media company reported its ...