Quick Read Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources ...

CEO Mark Zuckerberg's massive bet on the metaverse initially seemed like a terrible idea. Only a year after he announced the company's plan to change its name from Facebook to Meta Platforms (NASDAQ: ...

Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.

Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part ...

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

Guided by CEO Mark Zuckerberg, Meta Platforms (NASDAQ:META) is a business seeking a direction. Is Meta Platforms a social ...

The metaverse has become a hot topic in recent years. Though its origin is rooted in a 90s science fiction novel, the metaverse gained popularity once it was brought to the forefront of the lexicon in ...

Understandably, not everybody can afford to drop $1,500 on a pro-level mixed-reality headset for entertainment purposes - not until the metaverse and VR/AR headsets become more widely adopted, like ...

Dropp Group has acquired metaverse platform Phly for $25 million to build “digital twins” of the major cities in the world. Dropp said it is combining with Phly (which also spells its name Flyy), a ...

Meta Platforms CEO and Facebook founder Mark Zuckerburg released a video Friday displaying the latest developments in his Metaverse virtual reality application to lukewarm reception. The video shows ...

A court hearing features the use of virtual headsets and avatars in the metaverse. The usage comes as Meta Platforms is investing heavily in the metaverse. Live on Wednesday: Historic Summer Setup: 3 ...

Meta Platforms is in the early stages of an exciting new technology. Its initial approach to presenting its vision of the metaverse flopped. But observers praise the company's more recent advertising ...