News

Meta's Quest Pro headset now no longer available
Meta's Quest Pro headset now no longer available
Meta's Quest Pro headset is no longer available.
May 30, 2025
Meta to lay off 5% of staff as part of "performance-based cuts"
Meta to lay off 5% of staff as part of "performance-based cuts"
Meta has announced that it will conduct "performance-based cuts", with 5% of its workforce facing redundancy.
May 30, 2025
$1bn revenue not enough to offset Meta's AR/VR Reality Labs' $4.4bn loss
$1bn revenue not enough to offset Meta's AR/VR Reality Labs' $4.4bn loss
Meta has published its earnings report for the three months ending December 31 2024, and despite $1.08 billion in reven…
May 30, 2025
Meta lays off unknown number of staff in Reality Labs division
Meta lays off unknown number of staff in Reality Labs division
Meta has cut an unspecified number of jobs in its Reality Labs division, affecting teams at Oculus Studios.
May 30, 2025
Meta investors ask whether there is 'light at the end of the tunnel' for Reality Labs
Meta investors ask whether there is 'light at the end of the tunnel' for Reality Labs
Meta Quest hardware sales declined during Q1 with Reality Labs still losing billions.
May 7, 2025
Report: Meta has laid off over 100 Reality Labs employees
Report: Meta has laid off over 100 Reality Labs employees
Reality Labs has lost $47.5 billion over the past three years and is expected to continue bleeding cash.
April 25, 2025
Insomniac Games' Oculus Rift VR titles quietly delisted
Insomniac Games' Oculus Rift VR titles quietly delisted
The four VR games were Oculus Rift exclusives, and their delistings may have happened 'some time ago' without any announcement.
March 4, 2025
Meta's speculative Reality Labs division continues to excel at losing billions
Meta's speculative Reality Labs division continues to excel at losing billions
The division lost over $17.7 billion during the last fiscal year.
Jan. 30, 2025
Meta Quest 3S failed to boost holiday demand for VR in 2024
Meta Quest 3S failed to boost holiday demand for VR in 2024
Analysis of the latest app store and Amazon product page data suggests that sales of Meta’s latest entry-level VR headset have underperformed.
Jan. 16, 2025
Meta cutting 5 percent of workforce to jettison 'low performers'
Meta cutting 5 percent of workforce to jettison 'low performers'
CEO Mark Zuckerberg said he wants to 'raise the bar' internally, but some divisions continue to flag under his leadership.
Jan. 15, 2025
Meta stops selling Quest Pro headsets after two-year run
Meta stops selling Quest Pro headsets after two-year run
Meta began to put its business-oriented headset to bed back in October, and now it's no longer available to buy.
Jan. 7, 2025
Meta's AR/VR Reality Labs division records further losses of $4.4 billion
Meta's AR/VR Reality Labs division records further losses of $4.4 billion
Meta published its third quarter earnings today, and has recorded a loss of $4.4 billion in its AR/VR Reality Labs divi…
Oct. 31, 2024