Sun, December 14, 2025 at 5:12 PM UTC Meta Platforms (Nasdaq: META) has faced criticism for investing too heavily in the Metaverse, but the company’s broader business has continued to perform well.
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Meta to cut 8,000 jobs amid AI cost pressures
Meta Platforms will lay off 8,000 employees, or 10% of its workforce, effective May 20, 2026, and freeze hiring for 6,000 open roles to offset heavy AI spending. The move follows earlier cuts in its ...
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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 ...
(NEXSTAR) – Iceland’s folklore often speaks of elves, but the country produces some world-class trolls, too. A new tourism campaign from Visit Iceland is satirizing Mark Zuckerberg’s metaverse ...
Meta‘s metaverse ambitions are hitting a crossroads. In a move that marks a dramatic shift in strategy, the tech giant is shutting down the VR version of Horizon Worlds on Quest. Once hailed as the ...
But with news that Meta’s metaverse will soon stop operating, how might this intersection develop to deliver on its early ...
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