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 ...

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...

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

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

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

Days after Warner agreed to be bought by Netflix in early December, Paramount launched a rival bid that seeks to bypass ...

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

Reels and direct messaging have been the most popular features on Instagram, the company said earlier this year, which is why ...

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