Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. Stream Los Angeles News for free, 24/7, wherever you are. The social media company reported its ...
Meta is hitting pause on its most ambitious mixed reality hardware, pushing the debut of its next-generation glasses to 2027 and signaling a more cautious approach to the race for everyday AR ...
Meta's next-generation pair of mixed-reality glasses were originally tabbed to release in the second half of 2026, but they're now delated into 2027.
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Meta is planning to raise prices for its VR devices, citing tariffs and a shift to sustainable business models for long-term growth.
Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...
Li-Chen Miller, who led Meta's smart glasses, became the first product manager of its robotics team. The robotics group aims to develop products like humanoid robots for use in homes. Meta's robotics ...
Shock hit markets after 30% cuts were reported. This matters now because executives are shifting funds from virtual-world projects to faster-return bets like AI and ...
Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money. The social media company reported its second-quarter earnings on Wednesday and revealed that ...
The social media company reported its second-quarter earnings on Wednesday and revealed that Reality Labs logged an operating loss of $4.53 billion while recording $370 million in sales during the ...