Founded in 2017, Fabrik by Augtual Reality Labs operates in Advanced Hardware & Technology offering a software platform that enables businesses and individuals to ...

Meta Platforms' (NASDAQ: META) latest earnings report made one thing abundantly clear: the firm’s advertising business is by far its most important growth driver. That business is operating at a pace ...

Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 billion in losses, the company is slashing its metaverse ambitions, cutting ...

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 Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...

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Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

Meta continues to sink money into the metaverse, anchored by virtual reality and augmented reality technologies. The company reported a third-quarter loss for the business on Wednesday of $4.4 billion ...

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 ...