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

Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in ...

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.

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

Meta’s Mark Zuckerberg made a big gamble, and it reportedly cost his company $77 billion in the last five years.

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

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

Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...

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

Meta CEO Mark Zuckerberg finally acknowledges that his massive Metaverse bet isn’t delivering results, prompting major ...

A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors ...