Reality Labs
13 stories
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techMeta Axes 700 Jobs While Offering Execs Up to $921M in AI Push
Meta cuts 700 employees, primarily in Reality Labs, amid massive AI investments and a new executive incentive plan tied to a $9 trillion valuation goal.
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techMeta Cuts Hundreds Amid AI Cost Pressures
Meta Platforms is laying off hundreds of employees across Reality Labs, social media, and recruiting as it manages soaring AI investment costs.
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techMeta Shuts Down Horizon Worlds VR, Shifts to Mobile
Meta ends Horizon Worlds VR support in June, pivoting to mobile amid $80 billion in metaverse losses since 2020.
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techMeta Slashes Stock Awards to Fuel AI Ambitions
Meta significantly reduces employee stock awards by 5% to redirect billions into artificial intelligence development amid intense industry competition.
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techMeta Revives Smartwatch Plans, Targeting 2026 Debut with AI Integration
Meta Platforms is reportedly rebooting its smartwatch project, codenamed 'Malibu 2', with a planned 2026 release featuring advanced health tracking and an integrated AI assistant.