Facebook is buying Oculus VR, a startup that makes virtual reality video game headsets, in a $2 billion deal. Oculus doesn’t make a consumer product yet, but its headset called the Oculus Rift for ...

MENLO PARK, Calif. — Facebook is trying to pull in workplace users with a new virtual-reality app called Horizon Workrooms. Workrooms lets people meet remotely in a virtual space populated by avatars.

Facebook's purchase of virtual reality company Oculus for $2 billion has turned tech theorists into futurists. What plans does the world's biggest social network want with an unproven helmet gizmo?

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...

Virtual reality was supposed to transform entertainment. At least, that was the expectation roughly a decade ago with the arrival of the Oculus Rift, the first virtual reality (VR) headset that many ...

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