Meta has announced 30% budget cuts to its metaverse plans for 2026, expecting to reduce operating costs with regard to the ...

Meta spent the past four years trying to convince Wall Street and ordinary users that a future of virtual offices, legless avatars, and bulky headsets was worth tens of billions of dollars. Now the ...

Dec 4 (Reuters) - Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on ...

Smart move, just late.” The terse quotation landed like a verdict and sent markets re-pricing Meta this week. Timing matters: ...

Meta is quietly rewriting the future of its most hyped project, shifting billions of dollars away from the virtual worlds ...

Meta is reportedly planning steep cuts to its metaverse division, according to Bloomberg. This is happening just a few years ...

Meta cuts metaverse budget by 30% for 2026 after $60B losses. Stock surges 5% as investors celebrate strategic shift away from VR.

Meta (META) stock gains on reports that the company is cutting its Metaverse budget. Michael Sansoterra, Silvant Capital Management's chief investment officer, managing director, and senior portfolio ...

While Facebook rebranded as Meta to focus on the metaverse, the technology has not achieved the widespread adoption that the ...

Motley Fool senior analyst Asit Sharma talks with Motley Fool producer Rickey Mulvey about separating signal from noise in the metaverse. To catch full episodes of all The Motley Fool's free podcasts, ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported today, citing people ...