While many are still around, some have pivoted to other areas. Others have shuttered as revenue remains sparse, funding efforts have fallen flat, or the real world proved more interesting to consumers ...

Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...

eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...

View post: Nintendo Lists Switch and Switch 2 Games Under $30 You Can Play Today, Starting at $4.99 Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...

As the Metaverse evolves beyond its early hype cycle, its real potential is becoming easier to see. Instead of standing alone, it’s increasingly tied to bigger shifts across tech, including advances ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Meta Platforms META-0.41%decrease; red down pointing triangle is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

Tech giant Meta is reportedly looking to make cuts in its Reality Labs metaverse division, the home of the Quest VR headest and the Horizon Worlds platform. That's according to Bloomberg, which ...

Meta Platforms (META) is planning sharp budget cuts—up to 30%—in its metaverse operations, with layoffs likely as soon as January. META's metaverse spending reductions reflect underwhelming industry ...

Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...