Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...
As Meta pulls back investment, here's what happened to some of the startups that went all-in on the metaverse.
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part to a calming of the tech and AI waters, as well as recent news that the firm ...
Know how real-world infrastructure integrates with metaverse digital twins. Learn about IoT, predictive maintenance, and ...
Know why virtual real estate is becoming a major metaverse investment category. Learn about digital land scarcity, ...
Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has ...
Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...
Summary: Meta Platforms (Nasdaq: META) has faced criticism for investing too heavily in the Metaverse, but the company’s broader business has continued to perform well. During a recent episode of The ...
From ancient slavery to the factory floor, progress has often relied on the exploitation of human beings. We might like to ...
Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports ...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...