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$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.

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For months now, I’ve been reading raves for Oculus Rift, the virtual-reality gaming headset that’s among the most famous Kickstarter projects. One of them came from my own colleague Lev Grossman. Like ...

When Pico launched its Oculus Quest challenger in China last year, it did so with great optimism. Light (295 grams) and affordable ($420), the virtual reality headset released by the ByteDance-owned ...

Facebook is closing around 200 of its 500 Oculus virtual reality demo stations at Best Buy locations across the US, Business Insider has learned. The scaling back of Facebook’s first big retail push ...