Cuts—and potential layoffs—could come as early as January 2026, and will see the company’s virtual reality group ...
Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...
"Smart move, just late." The post Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta” appeared ...
Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...
Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...
It appears Meta may finally be ready to put the metaverse out of its misery.
Almost five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division ...
Meta Platforms Inc (NASDAQ: META) stock rose after news of budget cuts for metaverse efforts due to low competition and ...