Meta ‘s metaverse ambitions are hitting a crossroads. In a move that marks a dramatic shift in strategy, the tech giant is shutting down the VR version of Horizon Worldson Quest. Once hailed as the ...
Gabriel Aul, who led the Metaverse unit, retired earlier this year, replaced by former Epic Games exec Saxs Persson.
Meta chief executive officer Mark Zuckerberg has been a critic of Apple Inc's app store fees of 30%, but Meta's latest move ...
Meta's metaverse division underwent a leadership change as its head quietly departed four months ago, amid the company's ...
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...
Following reported plans to slash 30% of spending in its metaverse and wearables division, Meta has announced another round of Reality Labs job cuts, showcasing its increased investment in artificial ...
Meta is shutting down the VR version of Horizon Worlds this June as it moves to a mobile-only platform. The online multiplayer will be removed from the Quest VR store by March 31, 2026. Worlds like ...
CTO Andrew Bosworth said about 20% of the company's overall costs and expenses would be spent on the Reality Labs segment of its business next year. Reading time 3 minutes Much has changed since Mark ...
Meta’s metaverse VP Vishal Shah explains how the company wants to expand Horizon Worlds beyond VR and into your feeds. Meta’s metaverse VP Vishal Shah explains how the company wants to expand ...
Meta has pulled the plug on its plan to, well, pull the plug on a big but unpopular part of its metaverse. As TechCrunch points out, Meta’s Andrew “Boz” Bosworth announced during an Instagram Ask Me ...
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