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 ...

Big Tech firms walked back some metaverse projects in 2024, but haven't given up on the concept. Apple is rumored to be developing a new lightweight version of its Vision headset to compete with Meta.

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Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

Meta Platforms announced a new entry-level version of its Quest line of mixed-reality headsets and a slew of software enhancements to the AI assistant that has driven interest in the Ray-Ban Meta ...

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Meta CEO Mark Zuckerberg promises a unified metaverse, a seamless expanse of online 3D realms that work together regardless of what company built them. But if current tech industry trends are any ...

Neil Stephenson introduced the metaverse as a concept in his 1992 novel Snow Crash, where he depicted it as a digital realm where users, represented by avatars, engage in a simulated reality.