Meta spent the past four years trying to convince Wall Street and ordinary users that a future of virtual offices, legless avatars, and bulky headsets was worth tens of billions of dollars. Now the ...
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
This week was a whirlwind of tech and media news, with major developments from Meta Platforms, Netflix Inc., and Amazon.com. From Meta’s potential metaverse budget cuts to Netflix’s massive ...
Smart move, just late.” The curt line landed this week after Reuters revealed Meta plans up to 30% cuts to its metaverse ...
Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile. Meta CTO ...
Investors felt shock as 2025 forces Meta to pivot its strategy toward wearable AR hardware. This matters now because ...
Mark Zuckerberg wants everyone to know Meta is also interested in AI. Overall, the word "AI" was used 57 times on the earnings call.
Meta Platforms' (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move that positioned the company as a pioneer in virtual reality hardware. This ...
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