Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...

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

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

Meta is in the midst of a company-wide shakeup, pulling back from metaverse-focused projects to fund AI glasses and wearable ...

That November, chief executive Mark Zuckerberg announced the company would rebrand as Meta, with its focus to “bring the ...

Meta stock shot up 5.7% in early New York trading on Thursday after internal discussions revealed that Mark Zuckerberg is preparing to massively reduce ...

The University of Glasgow has unveiled its first [un]box Virtual Reality kiosk, a self-contained gateway to worlds that were ...

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

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

Meta's Metaverse division is facing drastic cost-cutting measures, reports Bloomberg. Nevertheless, work on new hardware will ...

Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start ...

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