Universal Music Group’s dealmaking team has been on a tear in 2025, and its final deal of the year appears to be with Roblox.

As Meta pulls back investment, here's what happened to some of the startups that went all-in on the metaverse.

Get the live share price of Roblox Corp (RBLX), including intraday charts, historical performance, key financials, and market updates. Track the latest US stock market activity.

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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 CEO Mark Zuckerberg (pictured) reportedly hatched a plan to eliminate a chunk of resources for its metaverse group, which he previously championed as a key growth area. Bloomberg ...

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 ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

Forbes contributors publish independent expert analyses and insights. Cortney Harding is an expert in VR, AI, and the future of work. Just under three years later, Bloomberg is reporting that 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 ...