Forbes contributors publish independent expert analyses and insights. Cortney Harding is an expert in VR, AI, and the future of work. Just under three years later, Bloomberg is reporting that Meta ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. When Facebook CEO Mark Zuckerberg announced he would rename ...
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 ...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...
Meta Platforms‘ (META) AI investments echo its metaverse-era spending with high costs and vague returns. Analysts highlight risks, drawing parallels to past uncertainties Meta created with metaverse ...
The word “metaverse” has been used so often in recent years that it can feel more like a buzzword than a concrete idea. Tech companies promise it will change how we work, learn, play, and even relate ...
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. If ...