Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...

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

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...

Horizon OS was designed to deliver “mixed reality experiences,” and to communicate “social presence” through technologies ...

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

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

Meta is pumping the brakes on third-party Horizon OS headsets from ASUS and Lenovo as it shifts its attention and resources ...

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

Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...

Meta, Facebook's parent company, is reportedly planning significant resource cuts for its metaverse division, potentially by ...

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its "metaverse" projects next year.

Meta's plan to cut back on metaverse spending is a sign that projects not helping tech companies' AI goals are falling out of ...