Meta is planning to raise prices for its VR devices, citing tariffs and a shift to sustainable business models for long-term ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

Meta remains the undisputed global leader in virtual reality, with a market share of 77% last year. A leaked internal memo ...

Company executives say the virtual reality platform’s budget will be reduced by up to 30%, and these reductions may also ...

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...

Meta's stock prices rose following news of significant cuts to virtual reality investments, as CEO Mark Zuckerberg shifts the ...

Executives say the company will also ship new hardware at a slower pace to prioritize a high-quality software experience.

Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.

Quick Read Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B ...

Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.

Meta Platforms Inc (NASDAQ: META) stock rose after news of budget cuts for metaverse efforts due to low competition and ...