Shares of Meta Platforms (META) jumped as much as 6% in premarket trading on Thursday after Bloomberg reported that CEO Mark Zuckerberg is expected to make cuts in the company's Metaverse operations.
PlayerUnknown's PUBG inspired Fortnite's battle royale experience, but he won't be similarly influenced by Epic's metaverse ...
In a memo to employees earlier this week, Meta CEO Mark Zuckerberg shared a vision for a near-future in which “personal [AI] superintelligence for everyone” forms “the beginning of a new era for ...
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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.
“As one of the major upcoming revolutions in the telco industry, the metaverse has to be built through industry collaboration," T-Mobile's Ron Marquardt stated.
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