Meta spent about $90B on metaverse projects, yet mainstream users stayed away. VR offices did not beat Teams or Zoom ...

Meta is shifting Horizon Worlds away from VR and focusing almost entirely on mobile to reach a much larger audience.

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 funding for the company’s metaverse projects.

Ripple’s XRP Ledger has established an official digital presence within the xSPECTAR universe. According to the announcement, ...

Shares of Meta Platforms (META) jumped as much as 6% in premarket trading on Thursday after Bloomberg reported that CEO Mark Zuckerberg is expected to make cuts in the company's Metaverse operations.

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 ...

The memo also indicated that Meta will slow the pace of new hardware releases to focus on delivering higher-quality software that better matches its devices’ capabilities. Benzinga reached out to Meta ...

Meta Platforms Inc. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual ...

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 ...

Meta is reportedly considering slashing spending on its metaverse division. Meta’s metaverse division works on the company’s vision for a shared, immersive digital universe where people can socialize, ...

(Bloomberg/Kurt Wagner) — 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 ...