Meta said it's shifting focus for Horizons Worlds to be "almost exclusively mobile" and that it will separate its Quest VR ...

In Meta's continuing shift away from a Meta Quest VR focus, Worlds is to become a mobile-first platform rather than a VR one.

Meta announced it’s separating Horizon Worlds from the Quest platform, as the one-time social VR app is going “almost exclusively mobile” moving forward. The News “Our goal remains constant: to ...

Meta's Horizon Worlds pivots to mobile focus, scaling back VR efforts. This strategic shift positions it against platforms ...

But where will all the legless avatars go?

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

Meta's Reality Labs unit, which houses its metaverse technologies, recorded an operating loss of $4.48 billion in the second quarter. Since late 2020, the Reality Labs unit has generated cumulative ...

Despite a burst of popularity during the COVID-19 pandemic, the AR/VR industry now seems adrift as companies try to decide ...

Meta is reportedly eliminating more than 1,000 roles from its Reality Labs division, the sector responsible for the company’s virtual reality (VR) and augmented reality (AR) headsets as well as ...

Meta published its third quarter earnings today, and has recorded a loss of $4.4 billion in its AR/VR Reality Labs division. This is the third reported loss of the year in this segment, with Reality ...

Despite ongoing losses, Reality Labs reported a 29% revenue increase in the third quarter. Expenses also rose by 19% year-over-year to $4.7 billion, largely due to higher staff-related costs and ...