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.

As The Verge also notes, the section on metaverse browsers is heavily redacted, but it does hint towards a few things, ...

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.

Meta is reportedly planning massive budget cuts, potentially up to 30%, for its loss-making Metaverse division, Reality Labs. Following over $70 billion in losses, the company is shifting resources ...

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

(Bloomberg/Kurt Wagner) — 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 ...

The U.K.'s Information Commissioner's Office warned Meta that it must "clearly explain what data is collected" by Meta AI ...

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Meta announced a major update for its immersive virtual world, Horizon Worlds, on Thursday that will see it leave the metaverse behind. The tech giant said it’s shifting focus for Horizon Worlds to be ...