Mark Zuckerberg’s metaverse vision has not taken off despite his conviction that people will one day work and play in virtual worlds.

Mark Zuckerberg plans to reduce resources for Meta's metaverse projects, potentially cutting the budget by 30% next year.

The Metaverse was seen as a modern era VR revival of the 2003 Virtual World platform Second Life, which at its peak had 21 ...

Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ...

Citing people familiar with the discussions, Bloomberg reported on Dec. 4 that the budget cut can be up to 30%. Executives at the tech giant are reviewing plans that could reduce Reality Labs’ 2026 ...

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

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

Zuckerberg’s bet on immersive online worlds has lost the company more than $77 billion since 2020.

The longtime Apple designer, responsible for the Apple Watch and Liquid Glass, is heading to Meta. Industry voices are ...

Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...

Meta is reportedly planning budget cuts on its Metaverse division in an AI total shift, slashing Reality Labs spending to ...