Meta’s latest developer update delivers a quiet but major shift in strategy: the company is moving its metaverse ambitions away from virtual reality and focusing almost entirely on mobile experiences.
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.
Though still refocusing on its mobile app, Meta will now continue to support Horizon Worlds' existing VR games as well. Now it seems as though Meta has partially reversed its decision, with CTO Andrew ...
Meta is backtracking on its plans to shut down the VR version of its metaverse. The company now plans to support Horizon Worlds in VR for the "foreseeable future," though users shouldn't expect new ...
Mark Zuckerberg's Meta is dropping VR support for its flagship metaverse world, which it launched in 2021 as part of the company's big gamble on virtual worlds. Meta Platforms will shut down its ...
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 ...
Meta has officially set a date for the end of its virtual reality metaverse experiment. Horizon Worlds, the social VR platform that sat at the center of Mark Zuckerberg's 2021 bet on the metaverse, ...
Meta announced today that it will divorce its Horizon Worlds social and gaming service—once promoted as the company’s first major step into the metaverse—from its Quest VR headset platform and digital ...
Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...