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

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

Rumors are swirling that Facebook parent company Meta may cut as much as 30% from its virtual reality efforts in order to ...

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

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

Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...

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

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

Mark Zuckerberg's private concession that the metaverse 'isn't working' follows more than $70bn in losses and triggers a ...

Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in ...