Meta CTO Andrew Bosworth said that cuts to the company's VR effort were "a real loss," but that Meta's investment had to match segment growth.

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 ...

The Welsh Government has invested more than £1. 2million in a virtual reality educational platform designed to lecture students about "white privilege".

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Preview this article 1 min The cuts affect multiple locations as the company shifts investment from metaverse projects to ...

Shares of Meta Platforms rose up to 4% Thursday following reports the company was scaling back its spending on the metaverse project, a virtual reality experience the company once touted as the future ...

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

Adams County’s public library system, Anythink Libraries, is celebrating the one-year anniversary of Anythink World, the world’s first virtual library metaverse, an innovative digital branch that ...

Commercial activity no longer remains confined to physical marketplaces. Digital ecosystems driven by immersive technologies ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...

Early studies suggest that virtual reality may expand access to psychosexual care, but small trials highlight the need for ...