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 ...
Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...
The metaverse will continue to open new frontiers of opportunity in 2023. It is no longer science fiction, but a place where top venture capitalists like Verizon Ventures are making investments and ...
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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 ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
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Weekend Round-Up: Metaverse Cuts, EU's Antitrust Probe, Netflix's Massive Acquisition And More
This week was a whirlwind of tech and media news, with major developments from Meta Platforms, Netflix Inc., and Amazon.com. From Meta’s potential metaverse budget cuts to Netflix’s massive ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The metaverse is a new way to interact with friends, family and strangers (natural and ...
Meta Platforms (META) is cutting its Metaverse budget to fund its artificial intelligence (AI) and smart glasses, sources ...
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