Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, ...

Back in 2021, everyone was full of enthusiasm about the metaverse. A glittering virtual world that would bring us all together, the next generation of the internet promised to be an in-colour, ...

In October 2021, Facebook CEO Mark Zuckerberg revealed that his social media empire was officially rebranding itself as “Meta” as part of a sweeping company-wide doubling down on virtual reality tech.

Meta Platforms META2.75%increase; green up pointing triangle is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes are ...

Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the "momentum" in that segment, a company spokesperson has said. Over recent years, Meta ...

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse. By Mike Isaac Reporting from San Francisco. Meta is ...

Dec 4 (Reuters) - Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing people familiar with the discussions. The Facebook ...

Meta is reportedly restructuring its Reality Labs and Metaverse organizations as it doubles down on the integration of artificial intelligence across its products, according to a Business Insider ...

Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile. Meta CTO ...