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 ...

Zuckerberg Isn’t Giving Up on His Metaverse Dream

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in ...

Meta Plans 30% Metaverse Budget Trim—What Is Next

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

Meta plans to slash metaverse spending as Zuckerberg shifts focus to AI

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent — wiping more ...

Meta could ax up to one-third of its ‘metaverse’ budget next year

Meta may slash its budget for metaverse projects by up to 30 percent next year, according to a report from Bloomberg. Sources ...