Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...

Mark Zuckerberg, like some in the gaming space, hold the belief that a so-called metaverse will become the next major internet innovation and push people forward into a new paradigm. Zuckerberg ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...

Meta Platforms is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported Thursday, citing people familiar with the discussion. The Facebook parent’s shares ...

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 ...

Mark Zuckerberg's metaverse chief is urging employees to adopt AI across every workflow as part of a broader shift inside the company. A Meta executive in charge of building the company’s metaverse ...

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 ...

--Meta Platforms Chief Executive Officer Mark Zuckerberg is expected to cut up to 30% of the budget for the group building the metaverse, Bloomberg reported Thursday, citing people familiar with ...

Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses. Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook ...