News

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
Meta ponders whether Reality Labs could be more efficient after it loses another $4.4 billion
Meta ponders whether Reality Labs could be more efficient after it loses another $4.4 billion
The division has lost over $12.7 billion during the current fiscal year.
Oct. 31, 2024
Fake Meta Ads Hijacking Facebook Accounts to Spread SYS01 Infostealer
Fake Meta Ads Hijacking Facebook Accounts to Spread SYS01 Infostealer
A malvertising campaign is exploiting Meta's platform to spread SYS01 infostealer, targeting men 45+ via fake ads for popular software. The malware steals
Oct. 30, 2024
Meta Quest 3S will launch on October 15
Meta Quest 3S will launch on October 15
Meta has confirmed its new Meta Quest 3S will launch on October 15.
Sept. 26, 2024
Meta unveils $300 Quest 3S headset for October launch
Meta unveils $300 Quest 3S headset for October launch
A new, cheaper headset means Meta is ready to send some of the Quest 3S' predecessors into retirement after just a few years (or less).
Sept. 26, 2024
Use of conflict-free minerals in games saw improvement in 2023
Use of conflict-free minerals in games saw improvement in 2023
After a few years of regression, the use of conflict minerals in video games is showing encouraging signs of improvemen…
Aug. 30, 2024
Meta reportedly shutters Ready at Dawn
Meta reportedly shutters Ready at Dawn
Meta has reportedly shut down developer Ready at Dawn.
Aug. 8, 2024
Meta records loss of $4.5bn in Reality Labs during Q2
Meta records loss of $4.5bn in Reality Labs during Q2
Meta published its second quarter earnings today, and has recorded a loss of $4.5 billion in its AR/VR Reality Labs div…
Aug. 1, 2024
Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2
Roses are red, Meta is blue, Reality Labs lost $4.5 billion during Q2
In news you can file under 'painfully predictable,' Meta spent another quarter burning through the GDP of a small nation in a bid to birth the metaverse.
Aug. 1, 2024
Report: 'Employee bingo' driving heavy losses at Meta's Reality Labs
Report: 'Employee bingo' driving heavy losses at Meta's Reality Labs
Mark Zuckerberg's determination to win the metaverse has reporedly caused a yearslong crisis at Reality Labs.
July 30, 2024