Meta’s Connect keynote felt different this year, and not just because it marked the return of an in-person event. It’s been nearly two years since Mark Zuckerberg used Connect to announce that ...

In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a new horizon, the ...

Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors brace for another costly gamble?

The $77 billion 'failure' of Meta's metaverse division has made the social-media company the dominant force in AR and VR ...

Like a helicopter too heavy for lift off, tech companies are ditching anything they don't view as essential to get their AI plans off the ground. Meta is planning to cut its metaverse division's ...

MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand their tokenized app platform pioneering the META, ...

Meta Platforms Inc.’s META Reality Labs has reported a $3.7 billion operating loss in its latest financial report, primarily attributed to decreased Quest 2 sales, shedding light on the financial ...

Mark Zuckerberg's metaverse empire is under siege as ByteDance, TikTok's parent, storms the mixed reality (MR) arena with its Swan goggles. Meta Platforms Inc.'s (NASDAQ:META) Quest series and ...

Meta boss Mark Zuckerberg spoke glowingly about the company’s ambitions for artificial intelligence as the Facebook and Instagram parent reported a stronger-than-expected quarter — despite its ...