Meta spent about $90B on metaverse projects, yet mainstream users stayed away. VR offices did not beat Teams or Zoom ...
After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...
Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut. Shares fell by more than 11% on Oct. 30 in reaction to those results, ...
Meta Platforms has lost a stunning $71 billion on Reality Labs since the start of 2021. Yet, its Family of Apps are so profitable that they have been able to absorb these losses. Shifting capital away ...
Meta Platforms employees for years have given much thought to managing digital legacies long after a member has died. Now AI could make it easier.
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.
Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...
Quick Summary Meta shares have entered a high-momentum phase driven by ad recovery and AI efficiency gains, creating ...
Meta Platforms underwent a big transformation in 2021 as it pivoted toward the metaverse. The company has spent tens of billions of dollars on the metaverse, with not much to show for it. It recently ...
(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 ...