Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part ...
Meta is shifting some of its investments in the metaverse to AI glasses and wearables, hoping to capitalise on the “momentum” ...
1don MSN
Weekend Round-Up: Metaverse Cuts, EU's Antitrust Probe, Netflix's Massive Acquisition And More
From Meta's potential metaverse budget cuts to Netflix's massive acquisition, here's a recap of the top tech and media ...
4don MSNOpinion
The metaverse is cooked, and Wall Street couldn’t be happier
It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
24/7 Wall St. on MSN
4 Years After Going All-In, Meta Platforms Is Finally Ditching the Metaverse
Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...
After years of pouring billions into virtual worlds that failed to take off, Meta is preparing to shrink its metaverse ...
Meta is reconsidering its investments in the metaverse, a decision prompted by a significant decline in the value of crypto ...
Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...
Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI ...
Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...
In a significant move that could reshape the future of Meta Platforms, CEO Mark Zuckerberg is contemplating substantial cuts to the company's metaverse resources. This decision, which has already led ...
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