Shock rippled after 42.8% drop in 2025, as new IDC data and Meta’s cuts reframed the XR market this week. This matters now ...
Shock surged on Jan. 12, 2026 as Meta announced a large Reality Labs downsizing that will reshape AR priorities. The move ...
Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 employees from its Reality Labs division while Mark Zuckerberg pours more ...
Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta has cut up to 1,500 Reality Labs employees and closed three VR studios, triggering 'VR winter' fears as the company ...
Meta Platforms CEO Mark Zuckerberg revealed during a Q4 earnings call the company plans to continue its massive spending spree on AI talent.
The Meta Quest 3 VR goggles and controllers are shown sitting on a wooden tabletop with blue walls and a white door in the background. (Engadget) The news isn’t too surprising. Reality Labs has lost ...
Meta’s 2025 financial results show Reality Labs operating losses widened to USD $19.19 billion, even as the division recorded ...
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products, The New York Times reported. The publication noted that Reality Labs ...
Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc.
Barry Silverstein ’84 believes that in the not-too-distant future, the main way people interact with computers on a daily basis will be through augmented reality. After serving as the senior director ...