Meta’s Metaverse Is Safe, at Least for Now

In recent developments, while the company had announced that it would be sunsetting the Horizon World experience, the in-house digital world for VR headsets, it has now backpedaled. Nonetheless, the…

Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

In recent developments, mark Zuckerberg’s Meta is dropping VR support for its flagship metaverse world, which it launched in 2021 as part of the company’s big gamble on virtual worlds.…

AI Infrastructure Frenzy Grows as Meta Commits up to $27 Billion to Nebius

In recent developments, in the great artificial intelligence (AI) arms race of 2026, Meta just signed a $27 billion check for computing power, and a once-obscure cloud firm born from…

Meta to cut 10% of metaverse arm this week amid AI push: Report

In recent developments, meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Looking closer, market participants highlight key…

Meta Acquisition Puts Spotlight on ManusAI Founder’s Early Bitcoin Roots

In recent developments, xiao Hong, the founder of Butterfly Tech behind the AI agent app Manus, was an early bitcoin advocate and holder for more than a decade before his…

EU Opens Antitrust Probe Into Meta’s New AI Policy For WhatsApp

In recent developments, the EU Commission’s probe excludes Italy, where the country’s competition authority is already pursuing separate proceedings against Meta. Looking closer, market participants highlight key drivers such as…

Meta shares climb on report of possible 30% metaverse budget cut

In recent developments, meta is reportedly cooling on the metaverse with planned 30% cuts in its virtual reality research department, Reality Labs, which shareholders seemingly support. Looking closer, market participants…

Meta shares climb on report of possible 30% metaverse budget cut

In recent developments, meta is reportedly cooling on the metaverse with planned 30% cuts in its virtual reality research department, Reality Labs, which shareholders seemingly support. Looking closer, market participants…

Meta shares climb on report of possible 30% metaverse budget cut

In recent developments, meta is reportedly cooling on the metaverse with planned 30% cuts in its virtual reality research department, Reality Labs, which shareholders seemingly support. Looking closer, market participants…