Morning Overview on MSN
Meta fires metaverse staff after burning through $73B
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
Cryptopolitan on MSN
Meta winds down metaverse business with VR studio closures, job cuts
More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...
Mark Zuckerberg's idea of immersive virtual worlds where people live, work and socialise hasn’t taken off with mainstream ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
2don MSN
Meta layoffs today: Facebook parent is slashing hundreds of workers from Reality Labs VR division
The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn’t pan out.
Meta, the parent company of Facebook and Instagram has laid off over a thousand staff from its Reality Labs division, ...
Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...
eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...
Meta today announced a $50 million fund to incentivize the creation of new and improved content in Horizon Worlds, the company’s first-party social gaming platform. The move comes as many seasoned ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. Mark Zuckerberg announced his Metaverse strategy in late ...
While Meta is now throwing billions at AI like all other companies in Silicon Valley, it has not yet abandoned its last great crusade, the idea that it would build an online metaverse, something it ...
Nonprofit Fairplay filed an FTC complaint against Meta over its Horizon Worlds platform. In the complaint, a Meta whistleblower alleged execs knew underage children were on the virtual platform.
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