The $77 billion 'failure' of Meta's metaverse division has made the social-media company the dominant force in AR and VR ...
This is the fifth installment in a series of seven articles that rank the best Magnificent Seven stocks to buy for 2026. In ...
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 ...
CEO Mark Zuckerberg’s bet on immersive online worlds has lost the company more than $77 billion.
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 ...
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Metaverse: Zuckerberg quits his virtual obsession
Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in ...
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 ...
Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...
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 ...
Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start focusing on the metaverse. The tech giant would now be known as Meta — that ...
Meta Cuts Metaverse Spending as Mark Zuckerberg Redirects Facebook’s Future Toward AI Growth - Will There be Layoffs? Mark Zuckerberg Instagram Shockingly, Meta head Mark Zuckerberg is preparing to ...
(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 ...
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