Quick Read Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources ...
It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...
Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...
Meta is reportedly set to make cuts to its metaverse efforts as the company continues to push deeper into the AI space. CEO ...
Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.
Meta cuts—and potential layoffs—could come as early as January 2026, and will see the company's virtual reality group ...
Shares of Meta Platforms (META) jumped 6% in premarket trading on Thursday after Bloomberg reported that CEO Mark Zuckerberg ...
Meta cuts 30% of its metaverse budget, shifting focus to AI, wearables, and profitable ventures like smart glasses, after ...
Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...
Meta Platforms (META) rises after reports of potential 30% budget cuts to Metaverse division. Learn how this shift could ...
Investing.com -- Meta Platforms (NASDAQ:META) stock surged over 6% Thursday morning following a Bloomberg News report that ...
Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...