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 ...
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 ...