After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...
・Meta’s metaverse rollout struggled from the start, hampered by poor adoption. ・Reality Labs has become a significant financial drag, posting massive operating losses that now look increasingly ...
Meta CEO Mark Zuckerberg’s metaverse dreams seem to have been replaced by a new vision: an AI-generated social feed. In an ...
Take Zuckerberg's outlook with a grain of salt. After all, he thought we'd all be hanging out in the metaverse by now.
Mark Zuckerberg says there's an end in sight to Reality Labs' years of multibillion-dollar losses following the company's ...
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
Is the "year of efficiency" Mark Zuckerberg back at Meta Platforms ? Shares of the social media giant rallied more than 5% to $676 each at Thursday's highs after Bloomberg reported that Zuckerberg is ...
In his newsletter on Monday titled “Did Mark Zuckerberg Throw $77 Billion of Our Money into the Toilet?” Baker said that while Meta's Metaverse ambitions could be viewed as “just a mistaken investment ...
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...
The Meta CEO and co-founder also said that their smart glasses business is booming—but didn’t mention the metaverse in his ...