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

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

It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

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

Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?

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

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

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

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

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

From ancient slavery to the factory floor, progress has often relied on the exploitation of human beings. We might like to ...

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