Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 billion in losses, the company is slashing its metaverse ambitions, cutting ...
Meta's Reality Labs division, long the epicenter of its metaverse ambitions, has now claimed over $73 billion in losses since late 2020, prompting a sweeping overhaul that eliminated more than 1,000 ...
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