After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

Meta stock rose after Q4 earnings beat estimates, offsetting big capex spending. Zuckerberg made the case for AI expansion on ...

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as ...

Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...

Sen. Kelly was censured on Monday by Secretary of Defense Pete Hegseth. Sen. Mark Kelly said he would "absolutely not" have changed his message to U.S. troops about not following illegal orders, ...

Forbes contributors publish independent expert analyses and insights. In his continuing effort to stay ahead of the next major technology shift, Mark Zuckerberg is doubling down on artificial ...

In his newsletter on Monday titled “Did Mark Zuckerberg Throw $77 Billion of Our Money into the Toilet?” Baker said that while Meta's Metaverse ambitions could be viewed as “just a mistaken investment ...

Meta recently announced that it was sharply cutting back its Metaverse division so that it could put more money into its AI projects. This is after its CEO, Mark Zuckerberg, spent around $77 billion ...