After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...

Investors cheered the Meta Platforms decision to cut spending on the metaverse, Mark Zuckerberg's yearsold vision of the company's immersive online future. Meta plans to shift spending to ...

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Meta CEO Mark Zuckerberg’s metaverse dreams seem to have been replaced by a new vision: an AI-generated social feed. In an ...

As the company was disclosing its $17.1B in quarterly R&D spending, Meta also revealed Q4 revenue of $59.9B and net income of ...

Take Zuckerberg's outlook with a grain of salt. After all, he thought we'd all be hanging out in the metaverse by now.

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

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 ...