Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Discover top metaverse investment trends for 2025. Learn about virtual real estate, AI-driven avatars, and enterprise ...

House Oversight Committee report alleges DC police chief manipulated crime data “Survivor 48” star Eva Erickson reveals she ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

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

That November, chief executive Mark Zuckerberg announced the company would rebrand as Meta, with its focus to “bring the ...

Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports ...

Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the "momentum" ...

The metaverse simply hasn't panned out. Markets are becoming more optimistic on Meta Platform's future as it ponders big cuts ...

Meta may slash its budget for metaverse projects by up to 30 percent next year, according to a report from Bloomberg. Sources ...

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...

After years of pouring billions into building the metaverse, the company is scaling back and shifting in a new direction.