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.
Virtual Reality Stocks To Keep An Eye On - January 13th
Power Struggle: Why Big Tech Is Buying Nuclear Stocks Meta Platforms, zSpace, and The Glimpse Group are the three Virtual Reality stocks to watch today, according to MarketBeat's stock screener tool. 'Virtual reality stocks' are shares of publicly…
Meta layoffs today: Facebook parent reportedly slashing hundreds of workers from Reality Labs VR division
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms reportedly informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here's what you need to know about the job cuts.
Meta refocuses on AI hardware as metaverse layoffs begin
As we expected, Meta has begun laying off more than 1,000 employees from its Reality Labs division, which focused on virtual reality and metaverse products, Bloomberg reports. The company will refocus on developing wearables, like its recent batch…
30 years ago, a sci-fi cult classic got an unwatchable, but shockingly prophetic sequel
Do yourself a favor: Don't watch Lawnmower Man 2: Beyond Cyberspace. Sure, you could boot up the 93-minute-long science fiction sequel on Tubi right now out of morbid curiosity, but even if you're a fan of the original (and there are dozens of us)…
Multiple Meta-Owned Game Studios Hit With Layoffs
Developers at two of Meta's virtual reality game development studios are posting online that massive layoffs have happened and that the studios might be shutting down completely. On January 13, multiple developers from Twisted Pixel and Sanzaru…
Gorilla Tag & VRChat Set Usage Records In VR Headsets
Millions of people plan their weekends around a visit to virtual reality. Solid total figures are hard to come by given the competitive nature of the immersive industry. A great many people are solo flying or driving in VR headsets, and spending…
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 mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports
Jan 13 (Reuters) - Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses to 20 million units annually by the end of this year, Bloomberg News…
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…
How to Build a Successful Automotive Digital Marketing Strategy
An automotive digital marketing strategy has become critically important for companies to survive in the market, because 95% of potential car buyers begin their research online. We're living in a time when traditional sales methods (showrooms…
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 Said to Double Output of Ray-Ban Branded Smart Glasses by Year End
Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses to 20 million units annually by the end of this year, Bloomberg News reported on Tuesday. The potential increase…
The Apprentice 2026: cast, celeb appearances and exotic locations
The Apprentice 2026 returns at the end of the month, with show insiders predicting it'll be broadcast on the final Thursday in January, as per previous years, although the exact launch date has yet to be confirmed. The 20th season of The Apprentice…
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