Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part ...

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...

"Smart move, just late." The post Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta” appeared ...

Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...

Bloomberg reported Thursday that Meta is planning “meaningful” budget cuts, perhaps as high as 30%, to the metaverse project ...

Global Mofy AI announced the official launch of its short drama brand, “Mofy Clip.” As part of this initiative, the Company recently participated as a co-producer with China Literature, a pioneer in ...

Short interest for ProShares Trust ProShares Metaverse ETF gives investors a sense of the degree to which investors are betting on the decline of ProShares Trust ProShares Metaverse ETF's stock. Short ...

CARY – Tim Sweeney, the billionaire owner of Cary-based Epic Games and a widely acknowledged visionary of interactive, realistic technology, is coming to the defense of the virtual world known as the ...

Short interest for Roundhill Ball Metaverse ETF gives investors a sense of the degree to which investors are betting on the decline of Roundhill Ball Metaverse ETF's stock. Short interest data is ...

Meta faces near-term challenges as it grapples with Apple’s iOS update and TikTok competition. Its plans to expand its metaverse, short video, and social commerce businesses will also throttle its ...