The tech giant has laid off 1,500 people—about 10% of staff—from the Reality Labs division that is home to its metaverse ...

The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

Meta is preparing to cut roughly 10% of staff from its metaverse-focused division, a move that underscores the company’s ...

The Roundhill Ball Metaverse ETF offers exposure to companies advancing the metaverse, spanning infrastructure, software, and user interface technologies. METV is a capital appreciation vehicle, ...

We recently published a list of 12 Best Metaverse Stocks to Invest in. In this article, we are going to take a look at where Cloudflare, Inc. (NYSE:NET) stands against other best metaverse stocks to ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...

Meta spokesperson Tracy Clayton confirmed the layoffs in a statement to The Verge: “We said last month that we were shifting ...

Meta Platforms Inc., an American multinational technology company, announced plans for a 10% workforce reduction in its ...

In this article, we will discuss the 12 Best Metaverse Stocks to Invest in. The metaverse, which comes under the video games industry, is a fast-growing digital frontier where immersive tech creates ...

Meta is laying off more than 1,000 workers, signaling a partial retreat from the company’s much-derided metaverse ambitions.

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...