CEO Mark Zuckerberg's massive bet on the Metaverse, arguing the roughly $77 billion spent on the project represents not just ...

Economist Dean Baker criticizes Mark Zuckerberg's $77 billion Metaverse investment as a "stupid" decision, arguing it ...

Horizon OS was designed to deliver “mixed reality experiences,” and to communicate “social presence” through technologies ...

Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors brace for another costly gamble?

Meta's recent actions have given rise to speculation that the company is moving away from the metaverse. To validate this claim, it is important to understand the dynamics behind the metaverse and ...

The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...

Hardware teams at Meta's Reality Labs were asked to trim spending by almost 20% into 2026, The Information reported.

Meta’s Connect keynote felt different this year, and not just because it marked the return of an in-person event. It’s been nearly two years since Mark Zuckerberg used Connect to announce that ...

Meta has shifted away from pitching the metaverse to advertisers, The Information reported. In pitch meetings, the company has reportedly been prioritizing Reels and AI tools. The move comes as the ...

Meta is feeling the heat. Earlier this year, The Washington Post reported that Facebook parent company Meta paid a national consulting firm to place op-eds in local newspapers across the U.S. making ...