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

It appears Meta may finally be ready to put the metaverse out of its misery.

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

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

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

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.

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

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

The budget cuts aren’t yet finalized, but they could impact the team that works on Meta’s Quest headsets and Horizon Worlds, ...