It appears Meta may finally be ready to put the metaverse out of its misery.
The company has struggled to convince investors of the viability of the metaverse, a nascent technology.
Quick Read Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B ...
In recent years, you’ve likely heard about the so-called “metaverse,” along with a host of inaccurate descriptors like “it’ll be the next Internet” or “it will revolutionize eCommerce.” In truth, ...
Meta's plan to cut back on metaverse spending is a sign that projects not helping tech companies' AI goals are falling out of ...
The metaverse isn’t virtual reality, experts say, it’s more about having an identity that moves between virtual and physical worlds. Credit: Terrell Clark for The Hechinger Report The Hechinger ...
Meta has set out plans to meaningfully cut back its metaverse efforts next year, as chief executive Mark Zuckerberg narrows ...