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

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 ...

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

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

Meta is quietly rewriting the future of its most hyped project, shifting billions of dollars away from the virtual worlds ...

Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...

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

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

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

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

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 ...