Several reports on products that Meta will launch at the 2025 event have been coming ahead of the highly anticipated event. Meta Connect 2025 takes place on Wednesday and Thursday. Meta CEO Mark ...
Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has racked up more than $70 billion in losses since 2021, according to Bloomberg, ...
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 Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed with billions of dollars, only for the business to burn more than $60 ...
Is the Metaverse really the future, or just a tech hype cycle? In this video, we break down what the Metaverse was supposed to be, what Mark Zuckerberg is still pushing for, and whether a ...
(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 cuts 30% of its metaverse budget, shifting focus to AI, wearables, and profitable ventures like smart glasses, after $70B in losses.
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