Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...

Meta didn’t fail overnight — it bled slowly. As competition from TikTok surged and ad revenue weakened, Zuckerberg doubled ...

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg. This is happening just a few years ...

Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...

Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.

The metaverse simply hasn't panned out. Markets are becoming more optimistic on Meta Platform's future as it ponders big cuts ...

Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...

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