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

Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut ...

Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.

Mark Zuckerberg's private concession that the metaverse 'isn't working' follows more than $70bn in losses and triggers a ...

Meta shares surged by $100bn (£75bn) as investors cheered plans for Mark Zuckerberg to rein in spending at his struggling ...

Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI ...

Say goodbye to the Metaverse, Mark Zuckerberg’s personal obsession. In 2021, the Facebook founder declared that we would all ...

Reality Labs encompasses several areas of Meta's VR/AR business, but Bloomberg writes that two of them will be hit hardest: ...

MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...