Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start ...

Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse ...

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

Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious ...

Meta Platforms Inc.'s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...

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

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent — wiping more ...

Meta confirmed a reduction in resources for the metaverse, and said savings are expected to funnel toward other futuristic ...

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

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company ...

Famous artists named Beeple showcase controversial art that turned billionaires into hyperrealistic robot dogs.

After years of pouring billions into virtual worlds that failed to take off, Meta is preparing to shrink its metaverse ...