Meta Plans 30% Metaverse Budget Trim—What Is Next
Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part to a calming of the tech and AI waters, as well as recent news that […]
Meta Platforms (NASDAQ:META) shares are back on the ascent after briefly dipping below 25% from peak levels, thanks in part to a calming of the tech and AI waters, as well as recent news that […]
After years of pouring billions into building the metaverse, the company is scaling back and shifting in a new direction.
Meta Platforms Inc. is undergoing a significant strategic realignment, redirecting resources from its ambitious metaverse initiatives toward the development of artificial intelligence-powered glasses and other wearable technologies. This shift comes amid mounting financial pressures and […]
This week was a whirlwind of tech and media news, with major developments from Meta Platforms, Netflix Inc., and Amazon.com. From Meta’s potential metaverse budget cuts to Netflix’s massive acquisition, here’s a recap of the top stories. Meta’s […]
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