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

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 is reportedly set to make cuts to its metaverse efforts as the company continues to push deeper into the AI space. CEO ...

Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

Know how real-world infrastructure integrates with metaverse digital twins. Learn about IoT, predictive maintenance, and ...

Know why virtual real estate is becoming a major metaverse investment category. Learn about digital land scarcity, ...

How Hitachi Research is blending XR, AI and the metaverse to help industry overcome mounting challenges to the world’s aging ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...

Meta Platforms (META) shares are rallying after Bloomberg reported that CEO Mark Zuckerberg is preparing to make sharp cuts to the company’s metaverse operations.

The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...

Sources told Bloomberg that Meta could slash the metaverse unit’s budget by up to 30% next year. According to the Times, the ...