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Sony has agreed to transfer over 400 global VR patents, including for AR and MR, to Meta following a December 2025 agreement. This move signals a potential wind-down of Sony's VR hardware efforts, while strengthening Meta's position despite their Reality Labs division facing massive losses and recent restructuring. The transfer will reshape the future of immersive tech.

Meta is cutting 168 positions in Washington state, predominantly impacting its Reality Labs division across Seattle, Redmond, and Bellevue. These layoffs, effective May 8, are part of a broader company-wide restructuring and follow previous reductions as Meta emphasizes efficiency and AI integration.