While Meta Platforms has piled a lot of resources into the metaverse and its Reality Labs division, the payoff simply hasn't ...

This story was originally published on Social Media Today. To receive daily news and insights, subscribe to our free daily Social Media Today newsletter. While many remain unconvinced about Meta ...

Meta’s (META) ambitious push into augmented and virtual reality through Reality Labs has been a costly gamble, with billions poured into its development. While a breakthrough in AR/VR (augmented ...

In Meta's first-quarter earnings report on Wednesday, the company said its Reality Labs unit recorded an operating loss of $4.2 billion while bringing in $412 million in sales.

Anduril and Meta plan to build VR/AR extended reality headsets for the military as part of the the contract that Anduril took ...

Meta Platforms Inc. is laying off more than 100 people across its Reality Labs division focused on creating virtual reality and wearable devices, according to a person familiar with the matter.

MENLO PARK, California — Facebook owner Meta Platforms showed off its first working prototype of augmented reality glasses, called Orion, during its annual Connect conference at its California ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. Stream Los Angeles News for free, 24/7, wherever you are. In its first-quarter earnings report on Wednesday, Meta said ...

Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said its Reality Labs unit recorded an operating loss of $4.2 ...