Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
That November, chief executive Mark Zuckerberg announced the company would rebrand as Meta, with its focus to “bring the ...
7don MSNOpinion
The metaverse is cooked, and Wall Street couldn’t be happier
It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...
Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?
Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.
Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...
Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part ...
After years of pouring billions into building the metaverse, the company is scaling back and shifting in a new direction.
A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in ...
Meta's plan to cut back on metaverse spending is a sign that projects not helping tech companies' AI goals are falling out of ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback