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Meta abandoning VR is 'obviously false,' according to Oculus founder, but Meta's own actions scream the opposite
Meta has seen several shake-ups over the past year, from shifting focus to smart glasses, including its Meta Ray-Ban Display specs, to potentially increasing the price of Meta Quest for more "premium" ...
From Instagram's $1B steal to the $3B Snapchat rejection: how Meta's M&A decisions shaped social media. Updated 2026.
Twenty-two years after Facebook launched for college students, those innocent days—when social media meant sharing pet photos ...
In light of Reality Labs’ reorganization, which has seen recent internal studio closures and layoffs, Oculus founder Palmer Luckey calls the doomer narrative “obviously false.” Luckey literally ...
Legendary programmer and former Oculus CTO John Carmack doesn’t think Meta’s developer incentive structure is healthy for the Horizon Store ecosystem, calling it “wasteful churn.” While Carmack ...
Palmer Luckey was only 21 when Meta acquired his virtual reality startup, Oculus VR in March 2014. The company was acquired for a whopping $2 billion,.
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