Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 employees from its Reality Labs division while Mark Zuckerberg pours more ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

View post: Royal Rumble 2026 Delivers Shocking Winners and Game-Changing Surprise Entrants Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from metaverse to ...

Infinite Reality Inc., a metaverse company that builds and powers virtual reality immersive digital media experiences for brands and creators, said today it will acquire agentic artificial ...

Meta Platforms Inc. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual ...

The metaverse was supposed to be transformative. In March 2022, Meta CEO Mark Zuckerberg called it “the next chapter of the internet overall.” Three years ago, Satya Nadella, CEO at Microsoft, wrote ...

Mark Zuckerberg's vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

Virtual reality was once promised to be the future of not only video games, but social media. Is that future still possible? NPR's Ailsa Chang talks to Vishal Shah, VP of the Metaverse, to find out.

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 ...

To join the CNBC Technology Executive Council, go to cnbccouncils.com/tec While the metaverse is often seen as a joke in 2025 because of low user counts and poor ...