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

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

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...

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

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

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

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

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

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

The “Metaverse” isn’t what it used to be. Meta Platforms is expected to cut resources from the virtual reality initiative ...

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

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...