Meta is planning to raise prices for its VR devices, citing tariffs and a shift to sustainable business models for long-term ...
Company executives say the virtual reality platform’s budget will be reduced by up to 30%, and these reductions may also ...
Meta pushes its Phoenix mixed reality glasses to 2027 to refine performance, improve comfort, and ensure a polished ...
Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.
Analysts estimate that a 30% cut to metaverse spending could translate to $4 billion to $6 billion in cost savings in 2026.
Meta plans to release a new wearable device codenamed "Malibu 2" in 2026, according to an internal memo viewed by Business Insider.
Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...
Meta has reportedly postponed the release of its mixed-reality glasses, codenamed ‘Phoenix’ from a primary goal in 2026 to ...
Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...
Sarah has been an editor and contributor for Game Rant since 2015. After meeting her first Chocobo, she never looked back. Sarah majored in game design in college and utilizes that knowledge to ...
Sarah has been an editor and contributor for Game Rant since 2015. After meeting her first Chocobo, she never looked back. Sarah majored in game design in college and utilizes that knowledge to ...