Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by 30% in 2026, including layoffs. This strategic shift aims to redirect ...
In recent years, you’ve likely heard about the so-called “metaverse,” along with a host of inaccurate descriptors like “it’ll be the next Internet” or “it will revolutionize eCommerce.” In truth, the ...
It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...
Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?
Mark Zuckerberg's private concession that the metaverse 'isn't working' follows more than $70bn in losses and triggers a ...
Say goodbye to the Metaverse, Mark Zuckerberg’s personal obsession. In 2021, the Facebook founder declared that we would all ...
Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut ...
It appears Meta's Horizon Worlds may literally and figuratively not have legs after all.
When you think of the metaverse, you may picture a person playing a video game while wearing a bulky headset that covers most of their face. It’s not surprising that digital gaming is one of the early ...
The metaverse exploded into the public consciousness in October 2021 as Facebook, Inc. changed its name to “Meta” and announced multibillion-dollar investments in metaverse technologies. Despite the ...
Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.
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 ...