Futurism on MSN

Meta Lays Off Thousands of VR Workers as Zuckerberg’s Vision Fails

The company has laid off some 1,500 virtual reality developers as part of a broader shift toward AI wearable devices.
Opinion

Where Meta's metaverse vision went wrong

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...
New York Post

Meta shares climb on report Mark Zuckerberg plans to ax up to 30% of metaverse budget

Meta Platforms is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported Thursday, citing people familiar with the discussion. The Facebook parent’s shares ...
Men's Journal

After Reportedly Burning Through $77 Billion, Mark Zuckerberg Finally Shifts Meta’s Focus

View post: Nintendo Lists Switch and Switch 2 Games Under $30 You Can Play Today, Starting at $4.99 Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from ...
AOL

Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
East Bay Times

Meta’s Zuckerberg plans deep cuts for metaverse efforts

(Bloomberg/Kurt Wagner) — 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 ...
Bloomberg L.P.

Zuckerberg Isn’t Giving Up on His Metaverse Dream

A sense of smug satisfaction wafts across the internet whenever a report indicates Mark Zuckerberg’s metaverse vision is in trouble. So it was last week when my colleague Kurt Wagner broke the news ...

Pedro Domingos to Mark Zuckerberg: Right idea at the wrong time is the wrong idea, it’s too early for the metaverse and too late for

University of Washington professor Pedro Domingos criticized Meta CEO Mark Zuckerberg's timing for key technologies. Domingos ...
The Motley Fool

Everyone Knows That Mark Zuckerberg Cofounded Facebook, Is Bullish on the Metaverse, and Is Investing in AI Superintelligence. But Few Realize He Makes Over $700 Million ...

The famous tech CEO is using Warren Buffett's secret investment sauce and any investor can do the same. Many investors likely don't realize that Mark Zuckerberg shares something in common with ...