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

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

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

Social media company considers cutting unit’s budget by as much as 30%

Social media company considers cutting unit’s budget by as much as 30%

Dec 4 (Reuters) - Meta is expected to make up to 30% budget cuts for its metaverse initiative, Bloomberg News reported on Thursday, citing people...

Nigeria’s telecom regulator and industry leaders have called for urgent collaboration to build Africa’s artificial intelligence infrastructure,...

Nigeria’s telecom regulator and industry leaders have called for urgent collaboration to build Africa’s artificial intelligence infrastructure,...

Meta to cut up to 30% of metaverse budget, Bloomberg News reports

Meta is now reportedly considering reducing the budget and number of employees for the metamesta division. If implemented, it may reduce the total...