Inc

Mark Zuckerberg’s Vision for the Metaverse Seems More Distant Than Ever

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...
Opinion
The Daily Overview on MSNOpinion

Why Zuckerberg is finally ditching the $70B metaverse

Mark Zuckerberg spent years insisting the metaverse was the next chapter of the internet, but the bill for that bet has finally come due. After roughly $70 billion in cumulative losses tied to virtual ...
New York Post

Meta shares climb on report Mark Zuckerberg plans to ax up to 30% of metaverse budget

Meta Platforms is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported Thursday, citing people familiar with the discussion. The Facebook parent’s shares ...
Men's Journal

After Reportedly Burning Through $77 Billion, Mark Zuckerberg Finally Shifts Meta’s Focus

View post: Major California Roads Are Closed Right Now—Here’s What You Need to Know Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from metaverse to AI, ...

Metaverse: Zuckerberg quits his virtual obsession

Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in ...
Mercury News

Meta’s Zuckerberg plans deep cuts for metaverse efforts

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...

It turns out Mark Zuckerberg does have a breaking point with spending on Meta's metaverse ambitions

Hardware teams at Meta's Reality Labs were asked to trim spending by almost 20% into 2026, The Information reported.
PC Gamer

Looks like AI could be the new Metaverse as CEO Mark Zuckerberg will reportedly 'downsize' Meta Superintelligence Labs and buy in third-party AI models

After blowing tens of billions of dollars to apparently no avail on the Metaverse, Meta CEO Mark Zuckerberg has been funnelling yet more billions into AI. But according to a new report in the New York ...
Morningstar

Z3 Metaverse Takes Center Stage as Mark Zuckerberg and Meta Exit Stage Right

WASHINGTON, DC / ACCESS Newswire / July 29, 2025 / It wasn't that long ago the airways were filled with Metaverse commercials sponsored by Facebook as the new "Meta". Then suddenly all the hype ...
AOL

Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on

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 ...
Futurism

Remember Zuckerberg’s Cherished Metaverse? Now He’s Firing the People He Hired to Build It

Meta CEO Mark Zuckerberg’s dream of creating virtual worlds in which we can hang out with our friends, attend work meetings, and play games has been a disaster for a while now. The company has lost ...