Meta plans deep cuts to its metaverse and Reality Labs division in 2026 — how did it go from the next big thing to nothing?

Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

Social media giant Meta is reportedly planning to scale back its metaverse spending by up to 30% and redirect the funds into ...

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...

Reports of big changes in Meta’s white elephant mask a bigger concern.

Meta, the world’s seventh most valuable company, says that the hype that once surrounded the metaverse has moved on to artificial intelligence (AI). As such, it appears as though the company — ...

If your company isn't on the metaverse yet, don't wait for it. Because your customers are already there. From department stores to restaurant chains, brands are engaging with customers on the ...

Meta’s Connect keynote felt different this year, and not just because it marked the return of an in-person event. It’s been nearly two years since Mark Zuckerberg used Connect to announce that ...

At the convergence of VR, AR, and cryptocurrency lies the Metaverse. Brands are on notice, as it might change how we work, and live, forever. Although the Metaverse’s infrastructure is still being set ...

As the opportunities for metaverse start to emerge, companies are taking their first steps into a brave new world. In partnership withInfosys Cobalt Ever since Facebook’s rebrand to Meta, the ...