Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut ...

The strategic shift to the Metaverse was the reason why Facebook changed its name to Meta in 2011. Now, the company is ...

Meta is scaling back its metaverse spending and redirecting resources toward AI-powered glasses and wearable devices.

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

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

That November, chief executive Mark Zuckerberg announced the company would rebrand as Meta, with its focus to “bring the ...

After years of pouring billions into building the metaverse, the company is scaling back and shifting in a new direction.

Facebook’s Mark Zuckerberg is clearly enamored with the metaverse. The chief executive officer has been talking about it for years, especially lately, but at his second-quarter earnings call on ...

Themed Cyberpunk 2077 video display glasses from Viture were created in collaboration with game studio CD Projekt Red.

It can be hard to wrap your head around the "metaverse," the expanding galaxy of online experiences that companies like Apple, Meta (formerly known as Facebook) and Microsoft envision as the next ...

Company executives say the virtual reality platform’s budget will be reduced by up to 30%, and these reductions may also ...

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.