Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ties to the Quest virtual reality headset line. The decision, confirmed ...

After betting heavily on the metaverse—and spending many billions building it—Meta recently pivoted hard.

Meta's Horizon Worlds pivots to mobile focus, scaling back VR efforts. This strategic shift positions it against platforms like Roblox and Fortnite.

Meta's applied AI engineering team, headed by VP Maher Saba, partners with Superintelligence Labs and uses a flat organizational model.

Meta, which operates social media platforms Instagram and Facebook, is rethinking its investments after a group of its products failed to yield profitable results over the past few years. Meta’s ...

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

"When plans change, their first reaction isn't a knee-jerk fear of change, but rather a tremendous curiosity," Meta's CTO ...

The metaverse, once heralded as the future of digital interaction, has officially reached its end, as detailed by Kira. Despite billions of dollars in investments and years of development, the concept ...

Discover how Meta leverages ads on Facebook and Instagram while expanding into the metaverse with VR technologies.

Meta's Pivot From VR Is Happening. Too Bad Glasses Aren't Ready for This Moment ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported today, citing people familiar with the discussions. The Facebook parent’s shares rose 4% as the ...