Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on. Late last year, Meta confirmed it would effectively be abandoning the metaverse, a ...

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta stock shot up 5.7% in early New York trading on Thursday after internal discussions revealed that Mark Zuckerberg is preparing to massively reduce funding for the company’s metaverse projects.

The memo also indicated that Meta will slow the pace of new hardware releases to focus on delivering higher-quality software that better matches its devices’ capabilities. Benzinga reached out to Meta ...

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...

The planned reductions will disproportionately impact teams working on VR headsets and the company's VR-based social network Horizon Worlds.

It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.

Meta is reportedly looking to slash spending on the "metaverse," the tech giant's suite of augmented reality hardware and software products. The company's push into the metaverse was the inspiration ...

More than four years after changing its company name from Facebook to Meta, the tech giant is pulling back from its virtual ...

The post Meta Ditches the Metaverse for Smart Glasses After $70B Reality Labs Loss appeared first on Android Headlines.

Meta has appointed former Trump adviser Dina Powell McCormick its new president and vice chairman as the social media titan faces apparent leadership overhaul geared towards AI infrastructure ...