South Carolina’s Kahleem Solomon has made a name for himself in the virtual reality gamming world, creating well-known worlds ...

The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news ...

Days after Warner agreed to be bought by Netflix in early December, Paramount launched a rival bid that seeks to bypass ...

There was a very interesting article in the Irish Times a couple of weeks ago concerning Mark Zuckerberg’s retreat from the metaverse after spending $70 billion over four years trying to turn his ...

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...

CEO Mark Zuckerberg’s bet on immersive online worlds has lost the company more than $77 billion.

A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors ...

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

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...