This sets the shelf-life for Quest headsets at just under six years, which suggests the Quest 2 would lose all support in ...

Meta Platforms (META) is planning to spend $20 billion this year on developing augmented and virtual reality technologies for ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Meta doubles down on AR/VR, with a $20 billion investment, a new Ray-Ban smart glasses launch, and strong investor confidence ...

Meta’s latest financial performance puts the sizeable investment being made in the metaverse, a gamble which has now gained ...

Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...

Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...

In an internal memo intended for Meta staff, the company’s CTO, Andrew “Boz” Bosworth, shared that 2025 will be a pivotal ...

Meta's investment in VR/AR could surpass $100B by 2025, with $80B already spent. It sold 1M Ray-Ban glasses in 2024, with ...

Meta continues to lose billions of dollars developing the virtual reality and augmented reality technologies ... it acquired the startup Oculus for $2 billion. Since then, Zuckerberg has ...