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.…

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 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…