The curious minds at ColdFusion investigate why Meta lost 70% of its value and if the Metaverse was at fault.

Andrew Bosworth is at Davos, Switzerland, for the ongoing World Economic Forum's annual meeting. Meta CTO spoke ab.

In a damning 818 wired series of Instagram story posts, Brooklyn Peltz Beckham accused celebrity parents Victoria and David ...

The Metaverse is the application of all types of technology: 5G, Edge Computing, augmented reality, virtual reality, and NFTs to extend our physical world into the shared digital world. As well as all ...

While many are still around, some have pivoted to other areas. Others have shuttered as revenue remains sparse, funding efforts have fallen flat, or the real world proved more interesting to consumers ...

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Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...

According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...

View post: These $10 Outdoor Faucet Protectors From Amazon Install in Seconds and Could Save You Thousands This Winter Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is ...

As the Metaverse evolves beyond its early hype cycle, its real potential is becoming easier to see. Instead of standing alone, it’s increasingly tied to bigger shifts across tech, including advances ...

Bottom line: After burning tens of billions and stubbornly insisting the metaverse would eventually justify the cost, Mark Zuckerberg appears to be backing away from his most ambitious project. Once ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...