Meta to cut up to 30% of metaverse budget, Bloomberg News reports

Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing ...
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4 Years After Going All-In, Meta Platforms Is Finally Ditching the Metaverse

Meta Platforms‘ (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move ...

Meta Rises on Bloomberg Report of Metaverse Cuts

Bloomberg reported Thursday that Zuckerberg may slash the metaverse budget, likely entailing layoffs, as part of the company's goal of 10% budget cuts across the board. The move would be a remarkable ...

Meta's Metaverse May Be Shrinking. Investors Are Happy and the Stock Is Surging.

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its "metaverse" projects next year.

Positive week for Arcos Dorados Holdings Inc. (NYSE:ARCO) institutional investors who lost 2.7% over the past year

Key Insights Significantly high institutional ownership implies Arcos Dorados Holdings' stock price is sensitive ...
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The Meta Quest 3S VR Headset Drops to Basically $199 With This Amazon Cyber Monday Deal

Prospective VR gamers, there's no better time to immerse yourself in real next-gen gaming. The best Cyber Monday deals on the popular Meta Quest 3S VR headset has been carried over from Black Friday, ...