Virtual Reality Industry News
A collection of Virtual Reality latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Top Virtual Reality Stocks To Follow Now - January 12th
Power Hungry: Inside Meta's Huge Investment in a Nuclear Strategy Meta Platforms, zSpace, The Glimpse Group, and DIH Holding US are the seven Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. Virtual reality…
Meta Plans to Cut 10% to 15% of Employees in Reality Labs Business
Meta plans to cut around 10 percent of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as the company shifts priorities to build next-generation…
What was the metaverse?
Late last year, Meta confirmed it would effectively be abandoning the metaverse, a nebulously defined project that spurred the company's 2021 rebrand and has cost it over $70 billion since. At a strategy meeting at Mark Zuckerberg's Hawaii…
New insights into how rhythmic brain waves create a coherent sense of bodily self
A new study from Karolinska Institutet, published in Nature Communications, reveals how rhythmic brain waves known as alpha oscillations help us distinguish between our own body and the external world. The findings offer new insights into how the…
California Inmates are Using VR Tech to Ready Themselves for Life After Prison
In California prisons, virtual reality (VR) technology is being used to give inmates opportunities that extend beyond the physical limits of incarceration. Once associated mainly with gaming and entertainment, VR is now emerging as an…
Reports: Meta layoffs could hit hundreds in metaverse unit as AI takes priority
Meta is preparing to lay off hundreds of employees in its Reality Labs division this week, as it shifts resources away from the metaverse and toward artificial intelligence, according to a report from the New York Times. The cuts were expected to…
Meta plans to cut around 10% of employees in Reality Labs division: Report
Meta plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse, the New York Times reported on Monday, citing three people with knowledge of the discussions.
Meta Plans To Cut 10% Of Metaverse Division
Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its resources on artificial intelligence. Meta could announce the cuts as soon as Tuesday, the New York Times reported on Monday…
Fortune Tech: A painful acknowledgement
Good morning. Truth be told, I've got a soft spot for any tech founder who can be described as a “one-time metalhead” with a rock band in Bangalore. New Fortune colleague Angelica Ang takes a look at Anand Roy, who is working on the…
Meta's Leadership Overhaul: Dina Powell McCormick Takes Charge Amid Job Cuts
Meta Platforms announced the appointment of former Trump adviser Dina Powell McCormick as president and vice chairman in the company's official newsletter. The leadership change came as Meta doubled down on AI infrastructure and moved forward with…
Should Microsoft finally reinvent Paint, or leave it as nostalgia?
Microsoft Paint is about to get an update that tweaks the interface of the popular app. Microsoft is adding the option to collapse the toolbar within Paint. The new feature is in testing among Windows Insiders. With it, you can choose to hide the…
Meta's Cutting 10% of Staff in its Reality Labs Division
Look, I may be one of the few holdouts who still thinks that Meta's metaverse concept isn't dead, and that the company remains focused on bringing its VR social worlds to fruition for the next generation, even if it's not discussing those plans…
Meta reportedly prepares new round of Reality Labs layoffs as AI takes priority
Meta Platforms Inc. is reportedly planning to cut around 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing three people familiar with the matter, claims…
Links 13/01/2026: More Mass Layoffs in GAFAM, Catching Up With Political News of Early January
Staff at Warner Bros. Games' San Francisco location have faced layoffs, affecting an unspecified number of employees. According to information from Game Developer, individuals who recently lost their jobs have begun communicating their experiences…
Meta Hires Trump Ally Powell McCormick to Drive AI Buildout
Meta has appointed a former top adviser to US President Donald Trump to a newly created senior management role focused on partnering with governments and investors on AI. Dina Powell McCormick, a former Goldman Sachs executive, is joining the…
Receive a Daily briefing on Virtual Reality Industry News
Get Started