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

Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ties to the Quest virtual reality headset line. The decision, confirmed ...

As The Verge also notes, the section on metaverse browsers is heavily redacted, but it does hint towards a few things, ...

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

(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 is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported today, citing people familiar with the discussions. The Facebook parent’s shares rose 4% as the ...

"When plans change, their first reaction isn't a knee-jerk fear of change, but rather a tremendous curiosity," Meta's CTO ...

Meta's Pivot From VR Is Happening. Too Bad Glasses Aren't Ready for This Moment ...

The U.K.'s Information Commissioner's Office warned Meta that it must "clearly explain what data is collected" by Meta AI ...

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