Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...
7don MSNOpinion
What was the metaverse?
Mark Zuckerberg effectively declared its death last December. But the delusional fervor it inspired lives on.
Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the ...
Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...
More than 1,000 Meta employees — the ones who brought you the metaverse — are now looking for work.
The three that I have on my watch list are Meta Platforms (NASDAQ: META), Adobe (NASDAQ: ADBE), and The Trade Desk (NASDAQ: ...
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 ...
The namesake metaverse is not the future of Meta Platforms after all. Now AI and wearables are supposed to drive the stock.
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