Meta shares surged by $100bn (£75bn) as investors cheered plans for Mark Zuckerberg to rein in spending at his struggling ...

Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in ...

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 ...

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

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

The metaverse effort was once framed as the future of the company and was the reason for the company changing its name from ...

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

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

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 ...

When Facebook changed its name to Meta in October 2021, CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and recreation accessible through a virtual ...