Meta spent about $90B on metaverse projects, yet mainstream users stayed away. VR offices did not beat Teams or Zoom ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the company's metaverse bets.

Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more disciplined spending and artificial intelligence. With the shares already ...

eSpeaks’ Corey Noles talks with Rob Israch, President of Tipalti, about what it means to lead with Global-First Finance and how companies can build scalable, compliant operations in an increasingly ...

Meta CTO Andrew Bosworth said that cuts to the company's VR effort were "a real loss," but that Meta's investment had to ...

In a rather interesting but perhaps unsurprising move, Bill Ackman, the man who runs the show over at Pershing Square Capital Management, announced a huge bet on shares of Meta Platforms (NASDAQ:META) ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...

Shares of Meta Platforms (META) jumped as much as 6% in premarket trading on Thursday after Bloomberg reported that CEO Mark Zuckerberg is expected to make cuts in the company's Metaverse operations.

Meta is reportedly planning to cut spending on its metaverse group by up to 30% in 2026, including its Horizon Worlds social VR platform and the Quest virtual reality headset business, according to a ...

Meta plans a massive $135 billion AI investment by 2026, pivoting from its nearly $80 billion in Metaverse losses to bolster its core advertising business. Unlike the failed Metaverse, AI is already ...