After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be a good thing for VR, experts tell Euronews Next. View on euronews ...
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
Meta Platforms‘ (META) AI investments echo its metaverse-era spending with high costs and vague returns. Analysts highlight risks, drawing parallels to past uncertainties Meta created with metaverse ...
Meta Platforms' (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move that positioned the company as a pioneer in virtual reality hardware. This ...