Shares in Meta jumped 10% in after-hours trading Wednesday after the company forecast higher operating income for this year, ...

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...

That would be a major jump from the $72 billion that the Silicon Valley tech giant shelled out last year, as it aims to ...

The company's market capitalization has escalated by roughly $173 billion during the last 5 days and now sits at $1.7 trillion.

The division has lost over $77 billion since its inception in 2020. The post Meta Lays Off Thousands of VR Workers as ...

A big shakeup at Reality Labs.

Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company's VR and metaverse ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

By Jaspreet Singh Jan 28 (Reuters) - Snap will create an independent subsidiary for its augmented reality smart glasses, as ...

Meta on Wednesday reported quarterly earnings that topped market expectations, as revenue grew along with investments in ...

The Virtual, Augmented, and Mixed Reality market is at a transformative juncture, evolving from niche applications to mainstream consumer and enterprise use, reshaping industries such as gaming, ...