Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...

Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in ...

It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.

Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent — wiping more ...

Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports ...

Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start ...

Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI ...

Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group ...