Metaverse

The Metaverse, Mark Zuckerberg’s vision that took shape in 2021, does not seem to be delivering as desired, as Meta, the parent company of Facebook, is planning to make meaningful cuts in resources for building […]

Mark Zuckerberg’s metaverse dream is hitting a harsh reality check. The company that literally changed its name from Facebook to Meta in 2021 is now reportedly preparing to slash its virtual reality budget by as […]

Meta’s metaverse ambitions are hitting a harsh reality check. The company is preparing to slash up to 30% of its Reality Labs budget by 2026, according to multiple reports, marking a dramatic shift from virtual […]

Meta appears to be implementing major changes within Reality Labs. This is the division responsible for metaverse activities and Quest headsets.  The New York Times cites internal sources who say the company is working on […]