The Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
Meta is cutting more than 1,000 jobs in its Reality Labs division, a unit working on virtual and augmented reality hardware, ...
DELRAY BEACH, Fla., Jan. 15, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the Augmented and Virtual Reality Market ...
The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...
Global shipments of virtual reality and mixed reality headsets are expected to reach approximately 9.6 million units in 2024, representing a year-over-year increase of 8.8% according to a new report ...
Cryptopolitan on MSN
Meta to cut 10% of Reality Labs jobs as it shifts focus from VR to AI wearables
Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...
The metaverse is rapidly emerging, promising to reshape our interaction with technology and offering solid investment potential. Augmented reality (AR) and virtual reality (VR) are the foundational ...
Virtual reality (VR) has transitioned from being a futuristic dream to an immersive reality. Among the leaders in this revolution is PlayStation’s VR system, known as PSVR (PlayStation VR), which has ...
Overview: VR labs have expanded to about 2,500 Indian schools, including government institutions in smaller cities.NCERT’s XR ...
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