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

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...

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

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

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

In the 1990s, the internet upended almost every aspect of our lives. Then came smartphones, which allowed us to take the internet with us. And now, if you believe the hype, a new revolution is here.

Facebook’s dream of the metaverse, a VR hellscape stuffed with annoying ads and screeching children, is as incoherent and confusing as ever after reading an 8,000 word essay by Nick Clegg, the ...

3D avatars are coming to Messenger, Facebook and Instagram, along with Super Bowl-themed shirts. Meta's head of Avatars explains to CNET what's going on. I started with CNET reviewing laptops in 2009.

Mark Zuckerberg, Facebook's CEO, is as close to making the metaverse a household name as he did Facebook itself. For now, metaverse-related investments have been big money losers. (Photo by ANDREW ...

In a few weeks’ time, Mark Zuckerberg will announce a new virtual reality headset from Meta Platforms Inc. Embarrassingly, we already know what it will look like. A video of the purported device has ...

Facebook has a number of advantages over its competitors. Through Oculus, it's the clear leader in VR headset sales. The stock is so cheap that the metaverse business is essentially free. It's the ...