Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.

Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious ...

Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse ...

The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...

Meta shares surged by $100bn (£75bn) as investors cheered plans for Mark Zuckerberg to rein in spending at his struggling ...

Meta is reportedly considering slashing spending on its metaverse division. Meta’s metaverse division works on the company’s ...

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company ...

Executives have discussed potential budget cuts as high as 30 per cent for the metaverse group in 2026. Read more at ...

Meta confirmed a reduction in resources for the metaverse, and said savings are expected to funnel toward other futuristic ...

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent, wiping more ...

Meta’s metaverse vision has not gained the traction Zuckerberg hoped for, though he still believes people will one day work ...