Mark Zuckerberg plans to reduce resources for Meta's metaverse projects, potentially cutting the budget by 30% next year.

Meta shares surged by $100bn (£75bn) as investors cheered plans for Mark Zuckerberg to rein in spending at his struggling ...

Several reports on products that Meta will launch at the 2025 event have been coming ahead of the highly anticipated event. Meta Connect 2025 takes place on Wednesday and Thursday. Meta CEO Mark ...

Meta stock shot up 5.7% in early New York trading on Thursday after internal discussions revealed that Mark Zuckerberg is preparing to massively reduce ...

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Is the Metaverse really the future, or just a tech hype cycle? In this video, we break down what the Metaverse was supposed to be, what Mark Zuckerberg is still pushing for, and whether a ...

The metaverse effort was once framed as the future of the company and was the reason for the company changing its name from ...

Meta's Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, Bloomberg News ...

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...

The “Metaverse” isn’t what it used to be. Meta Platforms is expected to cut resources from the virtual reality initiative ...