Meta is scaling back its metaverse focus, cutting studios and head count at Reality Labs to prioritize artificial ...

With Facebook (otherwise known as Meta) posting its Q3 2025 earnings results, so too did it post its various costs and losses, and you’d best believe Meta Reality Labs was once again among the latter.

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

Does anyone still remember the metaverse? You may understandably have zapped it out of your brain to make room for more useful information but, to jog your memory, "metaverse" is a word Mark ...

Meta Reality Labs has long been a losing sector of Facebook’s business, and that hasn’t changed in the company’s latest quarter. Reality Labs lost $4.62 billion in Q2 2026, which was more than the ...

Forget magical virtual worlds. In its quest to broaden the audience for virtual reality, Meta is now embracing much more familiar surroundings: Owners of Meta’s Quest VR headsets will soon be able to ...

Few believe Meta will abandon VR entirely, but many see an unmistakable pivot as resources move toward AI systems and devices such as smart glasses. Meta’s decision to deprioritize virtual reality in ...

Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the VR industry. "The market has spoken," said Jitesh Ubrani, an analyst for ...