Meta has announced 30% budget cuts to its metaverse plans for 2026, expecting to reduce operating costs with regard to the ...

Mark Zuckerberg's metaverse vision has not taken off despite his conviction that people will one day work and play in virtual ...

Meta is planning a 30% budget cut to its metaverse division in 2026, shifting focus toward AI and smart hardware as investors ...

The memo, said to be issued by Metaverse leaders Gabriel Aul and Ryan Cairns, outlined plans to adjust pricing and extend the ...

Meta Platforms is reportedly planning to cut its metaverse budget by 30% next year, potentially leading to layoffs within the ...

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people ...

Meta appears to be implementing major changes within Reality Labs. This is the division responsible for metaverse activities ...

Some VR games are also doing exceedingly well. Casual free-to-play game Gorilla Tag surpassed one million daily active users, ...

Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual ...