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

The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...

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

Hardware teams at Meta's Reality Labs were asked to trim spending by almost 20% into 2026, The Information reported.

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

South Carolina’s Kahleem Solomon has made a name for himself in the virtual reality gamming world, creating well-known worlds ...

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news ...

Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...

Mark Zuckerberg spent years trying to make the Metaverse happen, but now it has been replaced by AI and is headed to the tech industry idea graveyard.

This summer, Meta CEO Mark Zuckerberg moved heaven and earth to recharge his company’s lagging AI division, spending billions ...

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading higher, Meta CEO and co-founder Mark Zuckerberg also saw his wealth soar, ...