Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.
It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...
It appears Meta's Horizon Worlds may literally and figuratively not have legs after all.
After years of pouring billions into building the metaverse, the company is scaling back and shifting in a new direction.
Meta is quietly rewriting the future of its most hyped project, shifting billions of dollars away from the virtual worlds ...