A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. It appears Meta may finally be ready to put the metaverse out of its misery.
Mark Zuckerberg’s vision for the Metaverse has become an exercise in corporate schadenfreude. Here's what went wrong.
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Remember the Metaverse? It seemed like a good idea at the time. It all started in 2021, when Facebook rebranded to Meta and pledged $10 billion to build technology that could make reality totally ...
Meta is reportedly planning to cut spending on its metaverse group by up to 30% in 2026, including its Horizon Worlds social VR platform and the Quest virtual reality headset business, according to a ...
Meta is reportedly slashing its metaverse division's budget. - Joan Cros/NurPhoto/Getty Images) A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign ...
A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...
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