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 ...

・Meta’s metaverse rollout struggled from the start, hampered by poor adoption. ・Reality Labs has become a significant financial drag, posting massive operating losses that now look increasingly ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

The start of 2026 delivered the final nail in the coffin for the metaverse, the digital world once hailed by Mark Zuckerberg as the future of human interaction. After putting all his eggs in this one ...

--Meta Platforms Chief Executive Officer Mark Zuckerberg is expected to cut up to 30% of the budget for the group building the metaverse, Bloomberg reported Thursday, citing people familiar with ...

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 company and the reason for ...

After betting heavily on the metaverse—and spending many billions building it—Meta recently pivoted hard.

Meta Platforms (META) is planning sharp budget cuts—up to 30%—in its metaverse operations, with layoffs likely as soon as January. META's metaverse spending reductions reflect underwhelming industry ...