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.
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.
Stock Movers: JPMorgan Chase, Meta, Delta Airlines
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for…
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…
Meta's VR layoffs, studio closures underscore Zuckerberg's massive pivot to AI
Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects as part of its Reality Labs unit, CNBC confirmed.
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…
Meta cuts more than 1,000 in Bay Area tech's first big layoff of 2026
Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions. The layoff, the Bay Area tech industry's first big job cut of 2026, was announced Tuesday morning in an internal post from…
Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss
Meta is making another significant shift in its long-term hardware strategy. A December report stated that the company was preparing deep cuts for its Metaverse division. Those predictions materialized this week with the layoff of approximately…
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…
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…
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…
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…
Chabad Secures 16-Story, $100 Million Los Angeles Campus, Largest Jewish Center in North America
Chabad-Lubavitch has secured a sprawling, 300,000-square-foot campus in the heart of Los Angeles. West Coast Chabad announced Tuesday that it has acquired a 16-story property at 9911 West Pico Boulevard that will become the Chabad Campus for Jewish…
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