In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...

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

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

The metaverse simply hasn't panned out. Markets are becoming more optimistic on Meta Platform's future as it ponders big cuts ...

Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...

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

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

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...

Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group ...

Sources told Bloomberg that Meta could slash the metaverse unit’s budget by up to 30% next year. According to the Times, the ...

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

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...