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 ...

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

Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the "momentum" in that segment, a company spokesperson has said.

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports of lukewarm metaverse reception.

Discover top metaverse investment trends for 2025. Learn about virtual real estate, AI-driven avatars, and enterprise ...

In its early stages, the metaverse has shown benefits for creators, ranging from the ability do what they love and make money in new ways, to seamless collaboration and more. Yet because of its ...

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

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, ...

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.

From ancient slavery to the factory floor, progress has often relied on the exploitation of human beings. We might like to ...

You may be tempted to confuse the metaverse with a virtual reality world. Certainly, the metaverse is a virtual world in which one can explore, interact and create content. However, the differences ...