Meta Platforms is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes are part of Meta’s annual budget planning for ...

(NEXSTAR) – Iceland’s folklore often speaks of elves, but the country produces some world-class trolls, too. A new tourism campaign from Visit Iceland is satirizing Mark Zuckerberg’s metaverse ...

Meta plans to cut up to 10% of its metaverse division staff this week, shifting its strategic focus and budget toward AI and ...

Meta boss, Mark Zuckerberg, even changed the company’s name from Facebook to Meta and spent billions of dollars on the ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift ...

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...

Meta’s Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division’s ...

Facebook changed its name in 2021 to reflect the company’s newfound dedication to the interconnected virtual world concept known as the metaverse. Now, Meta is dialing back its intentions of being “a ...