Mark Zuckerberg, meta and Facebook
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"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.
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 rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed with billions of dollars,
Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious virtual reality vision after incurring over $70 billion in losses. This move comes as the company doubles down on artificial intelligence,
Four years ago, Mark Zuckerberg’s Facebook unveiled an audacious rebrand and revealed a bold ambition: it was going to start focusing on the metaverse.The tech giant would now be known as Meta — that’s Greek for beyond,
The biggest advantage is speed. Several tech companies operate in a competitive world where new ideas need to be tested quickly.
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Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta”
"Smart move, just late." The post Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta” appeared first on Futurism.
Mark Zuckerberg’s Instagram is requiring all of its US-based employees to return to the office five days per week, a company spokesperson confirmed on Tuesday. The five-day requirement takes effect on Feb.
Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse division, including virtual worlds and VR units. This comes as the company shifts its focus towards artificial intelligence development,