Meta's Zuckerberg plans deep cuts for metaverse
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With AI taking the tech world by storm, the metaverse never took off the way Zuckerberg intended. Meta's stock got a boost ...
Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...
Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.
"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.
Meta pushes back launch of Phoenix mixed reality glasses to first half of 2027 due to CEO's caution for more reliable product ...
Meta Platforms Inc. CEO Mark Zuckerberg appeared likely to escape, at least in the short term, having to testify in a privacy ...
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Meta’s stock pop could be just the start as Zuckerberg takes aim at ‘black hole’ of spending
Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ...
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