Meta's efforts to create the digital worlds known as the metaverse continue to be costly.

Facebook (META) has reported in with its quarterly earnings. Everyone knows what that means. That means it's time to once again check in on Facebook Reality Labs and how that arm of the social media ...

With Meta (formerly known as Facebook) reporting on its Q4 2025 earnings results for the quarter, we also got a look at what the company spent in various divisions throughout the year and how the ...

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...

In Meta's first-quarter earnings report on Wednesday, the company said its Reality Labs unit recorded an operating loss of $4.2 billion while bringing in $412 million in sales. Last week, Meta said it ...

Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 employees from its Reality Labs division while Mark Zuckerberg pours more ...

Meta is going to be under pressure to cut costs in a slower digital ad environment, to adjust to the new economic reality. Jefferies analyst Brent Thill believes that Meta could make further cuts in ...

Meta has laid off an unspecified number of staff in its Reality Labs division focused on VR and AR tech. The Verge learned that the cuts specifically affected employees at Oculus Studios, the team ...