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Meta plans 30% cuts for its metaverse

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Stocktwits on MSN · 1d
Zuckerberg’s metaverse was supposed to change everything — instead, Meta seems to be pulling the plug after burning billions
Meta’s metaverse rollout struggled from the start, hampered by poor adoption. ・Reality Labs has become a significant financial drag, posting massive operating losses that now look increasingly unsustainable as AI capex demands rise.

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 · 2d · on MSN
Meta’s Zuckerberg Plans Deep Cuts for Metaverse Efforts
 · 1d · on MSN
Meta stock rises on report that Zuckerberg will cut up to 30% of Metaverse division
24/7 Wall St. on MSN
2d

4 years after going all-in, Meta Platforms is finally ditching the metaverse

Quick Read Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B ...
SlashGear
9mon

Why Was The Meta Quest Pro Discontinued?

The Meta Quest Pro was supposed to be Meta's foray into the higher-end of the VR market. A cutting-edge tech-packed piece of hardware that would provide true enthusiasts with a glimpse of what was ...

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