All Stories Tagged: Meta

Rumors hint at game platform and creation system Roblox coming to Meta Quest in late 2023.

While new features will stop, the original Quest will still receive security updates until 2024.

The Irish Data Protection Commission hit Meta with a fine of around $400 million USD after it found Facebook and Instagram in violation of EU privacy laws.

After an almost decade-long stint with the former Oculus, the id Software founder is leaving Meta. (Updated with John Carmack's full statement, which provides some much-needed context.)

Meta and Facebook platforms will host a VR concert which includes a 'hyperrealistic' avatar of deceased rapper Biggie Smalls.

In a letter released by Mark Zuckerberg, the CEO said the cuts were because 'revenue outlook is lower' and a push to operate more efficiently.

The company is now the worst S&P 500 performer for 2022.

Mark Zuckerberg confirmed in Meta's Q3 2022 earnings results and conference call that the next consumer-oriented Meta Quest HMD is in development.

The company anticipates Reality Labs operating losses in 2023 to "grow significantly year-over-year."

Meta came out ahead of expectations on total revenue, but it fell short on EPS as the company continues to invest deeply in VR and the metaverse.