Meta Spent Years Chasing the Metaverse but Now It’s Making a Big Pivot. Here Are 5 Leadership Lessons Behind That Shift

After betting heavily on the metaverse—and spending billions building it—Meta recently pivoted. Here are leadership lessons from their move.
24/7 Wall St

4 Years After Going All-In, Meta Platforms Is Finally Ditching the Metaverse

Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
Hosted on MSN

4 years after the push, Meta finally walks away from the metaverse

Meta spent the past four years trying to convince Wall Street and ordinary users that a future of virtual offices, legless avatars, and bulky headsets was worth tens of billions of dollars. Now the ...
CoinTelegraph

Meta to cut 10% of metaverse arm this week amid AI push: Report

Meta’s Reality Labs is set for cuts as the firm’s metaverse budget continues to decline amid push toward artificial intelligence development. Meta is reportedly set to lay off around 10% of staff from ...
Benzinga.com

Weekend Round-Up: Metaverse Cuts, EU's Antitrust Probe, Netflix's Massive Acquisition And More

This week was a whirlwind of tech and media news, with major developments from Meta Platforms, Netflix Inc., and Amazon.com. From Meta’s potential metaverse budget cuts to Netflix’s massive ...