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

Quick Read Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B ...

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

It appears Meta's Horizon Worlds may literally and figuratively not have legs after all.

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

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 ...

Meta's plan to cut back on metaverse spending is a sign that projects not helping tech companies' AI goals are falling out of ...

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

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

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...

The metaverse isn’t virtual reality, experts say, it’s more about having an identity that moves between virtual and physical worlds. Credit: Terrell Clark for The Hechinger Report The Hechinger Report ...

Meta bet big on the metaverse a few years ago, but it hasn't paid off. Investors on Thursday cheered a report it could slash ...