Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.
Meta is betting big on AI, and some investors are having flashbacks to a previous high-profile spending spree.
Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports indicating that CEO Mark Zuckerberg plans to cut the company’s metaverse spending ...
Guided by CEO Mark Zuckerberg, Meta Platforms (NASDAQ:META) is a business seeking a direction. Is Meta Platforms a social media giant, a metaverse pioneer, or an artificial intelligence (AI) ...
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 ...
Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...
A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news ...
Meta Platforms, Inc. (NASDAQ:META) is one of the Top AI and Technology Stocks to Buy According to Hedge Funds. On December 4, ...
The arrival of the Z3 Metaverse and its ad free / no data hijacking business model magnifies the real possibility of a Meta Platforms collapse. For the first time in the history of Big Tech a better ...
Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...
Ian says the gap between Meta’s vision of its Metaverse and real life never closed. Now that gap is now forcing Meta to make ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
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