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 ...

The strategic shift to the Metaverse was the reason why Facebook changed its name to Meta in 2011. Now, the company is ...

Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in ...

It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

Meta is scaling back its metaverse spending and redirecting resources toward AI-powered glasses and wearable devices.

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

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

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

Facebook’s Mark Zuckerberg is clearly enamored with the metaverse. The chief executive officer has been talking about it for years, especially lately, but at his second-quarter earnings call on ...

It can be hard to wrap your head around the "metaverse," the expanding galaxy of online experiences that companies like Apple, Meta (formerly known as Facebook) and Microsoft envision as the next ...

Company executives say the virtual reality platform’s budget will be reduced by up to 30%, and these reductions may also ...