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 metaverse spending by 30%.

Meta Platforms (META) stock is jumping in Thursday's premarket trading on reports that the company will be cutting its Metaverse budget by up to 30%, according to Bloomberg reporting. Yahoo Finance ...

Meta ( META) is reportedly set to make major cuts to its metaverse efforts, as the company continues to push deeper into the ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

How Hitachi Research is blending XR, AI and the metaverse to help industry overcome mounting challenges to the world’s aging ...

The metaverse has been described as the next phase of the internet: interconnected and persistent 3D spaces where we will work, play, and, so it seems, purchase virtual real estate. But ...

Unfortunately, the metaverse they’ve built has, so far, lived up to those expectations about as well as a Craigslist apartment rented based on photos alone. Zuckerberg’s Horizon Worlds, clunky and ...

As commonplace as it's become to see big, bold speculations about a futuristic metaverse in games industry discussions, game developers themselves don't seem too hot on the concept. The 2023 State of ...

Microsoft continues to scale back on its metaverse efforts and is shifting its focus to building up features in Teams.

Meta Platforms, Inc. (NASDAQ:META) is one of the Buzzing AI Stocks on Wall Street. On November 24, Citizens reiterated its ...