Despite producing one of the best VR headsets around, the Quest 3, Meta's Reality Labs division just isn't making any money. Nearly $2 billion of revenue in 2023 was completely swallowed by $18 ...

Claims it's game over for Meta VR are overstated, says Oculus VR founder Palmer Luckey, following major layoffs and studio closures at Meta.

Forbes contributors publish independent expert analyses and insights. Lars Daniel covers digital evidence and forensics in life and law. In a watershed moment for the American legal system, Broward ...

nDreams has announced VENDETTA FOREVER, a virtual reality first-person shooter hoomage to classic action cinema. It will launch for PlayStation VR2 and Quest 2, Quest 3, and Quest Pro on October 24. A ...

VR is a fast-growing space that continues to surprise with new innovations and technologies each year. Many major companies have attempted to jump into the market with a VR headset of their own, ...

$10 billion loss in 2020, $16 billion loss in 2023—and it's only going to get worse, says Meta. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.