Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division...

Meta has advertised a new role whose responsibilities include fusing generative AI with the metaverse, and it’s willing to pay...

With $4 billion in expenses and only $276 million in revenue, Reality Labs continues to be a money pit for...

Q4 2022 was Meta’s Reality Labs’ worst one yet, with a $4.3 billion loss; while Zuckerberg laid off 11,000 workers...

Meta, formerly Facebook, reported its first ever revenue decline in Q2, while profits tumbled by more than one-third as its...