Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI ...

Brazilian markets slumped, with stocks seeing their worst day since 2021 and the currency tumbling about 2.5% after former ...

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...

Global mergers and acquisitions are on pace for their best year since 2021, as a spate of late-year deals pushes deal volumes ...

For readers unfamiliar with the mining and smelting industry, silver and gold are recovered as byproducts of copper ...

"Smart move, just late." The post Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta” appeared first on Futurism.

SoFi stock price tanked by over 6% in the extended hours as concerns about increased dilution continued. It dropped to $27.7 ...

Meta, which has been focusing on developing 'metaverse' technology by changing its name from Facebook to Meta, is considering ...

Meta is expected to cut up to 30% of its metaverse budget after pouring billions into the initiative over the last five years ...

China’s leaders are widely expected to stick with its manufacturing-led growth strategy in key policy meetings this month, ...

Meta is reportedly planning to cut up to 30% of its metaverse budget, shifting resources from its virtual reality unit to ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...