Change is in the air over at Oculus today. Facebook and Oculus have announced that Oculus Research will be operate under the banner of Facebook Reality Labs moving forward. This name change doesn ...

However, it will be placed under the banner brand of Facebook Reality Labs alongside Facebook's other developments such as Spark AR and Portal teleconferencing hardware. The confusion came in a ...

Facebook has taken another step towards unifying all of its VR and AR under one banner. Just a few days ... will now fall under the Facebook Reality Labs (FRL) moniker, which encompasses Oculus ...

The announcement also referenced previous attempts to bring Oculus under the Facebook banner, such as the previous ... original iteration of Facebook Reality Labs. According to the update ...

Facebook confirmed Oculus will be folded into "Facebook Reality Labs" along with Spark AR, Facebook’s augmented reality team, and Portal, Facebook’s video conferencing smart screen device.

Facebook plans to spend at least $10 billion this year on Facebook Reality Labs, its metaverse division tasked with creating AR and VR hardware, software, and content. “We are committed to ...

The employees are being moved out of the research-driven Facebook Reality Labs and into a new specialized team overseen by two key hardware execs, Business Insider has learned. A Facebook ...

the social media juggernaut continues to lose money on Facebook Reality Labs and doesn’t expect that trend to change going forward. During the entirety of 2023, Facebook Reality Labs lost $16.12 ...

Facebook has nearly 10,000 employees working in its Reality Labs, its AR/VR division, that is working to unlock extended reality. Facebook is known to make strategic acquisitions like WhatsApp and ...

Facebook (META) has shared its earnings report for Q4 2022, and included in the report are details on how Reality Labs lost a sizable $13.7 billion in 2022. In addition, it’s noted that a layoff ...

Vice President of Augmented Reality and Virtual Reality for Facebook announced today that the social media company has acquired CTRL-labs in an attempt to, “change the way we connect.” ...