The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

RIP the metaverse.

Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.

Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in Burlingame and Playa Vista.

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

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 ...

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...