Mark Zuckerberg has spent the past several years pitching the metaverse as the next great computing platform, even as his company faces intensifying scrutiny over how its products affect children. The ...

Meta Platforms (META) is planning sharp budget cuts—up to 30%—in its metaverse operations, with layoffs likely as soon as January. META's metaverse spending reductions reflect underwhelming industry ...

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

When Facebook changed its name to Meta in October 2021, CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and recreation accessible through a virtual ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

Is the "year of efficiency" Mark Zuckerberg back at Meta Platforms ? Shares of the social media giant rallied more than 5% to $676 each at Thursday's highs after Bloomberg reported that Zuckerberg is ...

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In his newsletter on Monday titled “Did Mark Zuckerberg Throw $77 Billion of Our Money into the Toilet?” Baker said that while Meta's Metaverse ambitions could be viewed as “just a mistaken investment ...