The new year has brought about new hype in the Metaverse. While the concept first gained momentum around the time of the pandemic it slowly lost the excited edge as Meta’s Horizon failed to deliver ...

Remember the Metaverse? It seemed like a good idea at the time. It all started in 2021, when Facebook rebranded to Meta and pledged $10 billion to build technology that could make reality totally ...

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 company and the reason for ...

Shares of Meta Platforms rose up to 4% Thursday following reports the company was scaling back its spending on the metaverse project, a virtual reality experience the company once touted as the future ...

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 ...

Shares of Meta Platforms (META) jumped as much as 6% in premarket trading on Thursday after Bloomberg reported that CEO Mark Zuckerberg is expected to make cuts in the company's Metaverse operations.