VR headset sales were down in 2022, reflecting waning interest in a buggy metaverse. Even if consumers wanted to engage with this technology, the current price of headsets makes it inaccessible for ...

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.

In a nutshell: With Facebook changing its corporate name to Meta and so much focus being placed on the future of virtual reality, one might imagine that more people bought VR headsets this year. The ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

The tech giant has decimated its Altspace, HoloLens, and mixed reality teams as the company CEO talked about making 'changes to our hardware portfolio.' Reading time 3 minutes After the dust cleared ...

Meta, the self-styled “metaverse company” formerly known as Facebook, has taken on a novel role de-hyping the virtual world technology its founder bet the farm on just a few short years ago. No, it ...