Several reports on products that Meta will launch at the 2025 event have been coming ahead of the highly anticipated event. Meta Connect 2025 takes place on Wednesday and Thursday. Meta CEO Mark ...

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

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has racked up more than $70 billion in losses since 2021, according to Bloomberg, ...

Meta's Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, Bloomberg News ...

Is the Metaverse really the future, or just a tech hype cycle? In this video, we break down what the Metaverse was supposed to be, what Mark Zuckerberg is still pushing for, and whether a ...

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

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

The “Metaverse” isn’t what it used to be. Meta Platforms is expected to cut resources from the virtual reality initiative Mark Zuckerberg once framed as the future of the company and his reason for ...