"[Will] shutter its metaverse projects." Mark Zuckerberg rumored to make dramatic move amid bid to focus on AI projects: ...

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.

Mark Zuckerberg scales back Meta's metaverse ambitions after £57 billion ($70 billion) investment falls flat, cutting ...

"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.

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...

According to Instagram’s leadership, this new decision is based on the belief that the company performs better when teams are ...

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to ...

Reality Labs encompasses several areas of Meta's VR/AR business, but Bloomberg writes that two of them will be hit hardest: Horizon Worlds and virtual reality. Zuckerberg ...

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual ...