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 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 ...

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

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

Meanwhile, CTO Andrew Bosworth has urged workers in the division to attend in-person meeting, said to be "most important" of ...