When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...

Like a helicopter too heavy for lift off, tech companies are ditching anything they don't view as essential to get their AI plans off the ground. Meta is planning to cut its metaverse division's ...

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

That went well Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark ...

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Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile. Meta CTO ...

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 company and the reason for ...

Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...

Mark Zuckerberg's metaverse empire is under siege as ByteDance, TikTok's parent, storms the mixed reality (MR) arena with its Swan goggles. Meta Platforms Inc.'s (NASDAQ:META) Quest series and ...

Metaverse business is led by veteran Bosworth, who has worked for the company for over 15 years. He is also a leader in Reality Labs, which develops consumer hardware and software, including Meta's VR ...