Meta Platforms has laid off more than 100 employees from its Reality Labs division, the company’s unit dedicated to developing virtual and augmented reality technologies for its Quest headsets ...

Meta has been investing aggressively in virtual reality for more than a decade. Its Quest headsets, which followed the company’s 2014 acquisition of Oculus, are the bestselling devices in the ...

Reality Labs has reported cumulative losses of more than $60 billion since late 2020, including a loss of $3.85 billion in the first quarter of last year. In late 2021, Zuckerberg changed the name ...

Shop the Reviewed-approved Meta Quest 3 mixed reality headset for $70 off during Amazon Prime Day 2024 and find out why we love it so much.

Meta, then called Facebook, launched the first iteration of its collaboration with Ray-Ban in 2021, though the frames didn’t catch on. Then there are the virtual-reality headsets, such as Meta ...