Meta has closed at least three of its XR studios, and seems to have also drastically reduced its budget for third-party Quest ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta has closed three video game studios with Austin roots this week, dealing a sudden blow to the city’s small but lively ...
Meta’s recent rash of studio closures means that the planned sequel to Batman: Arkham Shadow has also officially been ...
Meta executive Dilmer Valecillos assures the public that the tech giant is not abandoning virtual reality, despite recent ...
The Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
The planned reductions will disproportionately impact teams working on VR headsets and the company's VR-based social network Horizon Worlds.
Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices ...
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