Topic: metaverse budget

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  • Zuckerberg's $70 Billion Bet 'Not Working'
    December 8, 2025
    95%

    Zuckerberg's $70 Billion Bet 'Not Working'

    Meta plans to cut its Metaverse budget by up to 30% for 2026, signaling a strategic shift away from its heavy virtual reality focus. The company is reallocating resources toward artificial intelligence, viewing AI as a more immediate area for growth and innovation. This reflects a sober reassessm...

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  • Meta's Mixed Reality Glasses Delayed Until 2027
    December 7, 2025
    30%

    Meta's Mixed Reality Glasses Delayed Until 2027

    Meta has delayed the launch of its next-generation mixed reality glasses, **Project Phoenix**, from late 2026 to early 2027 to prioritize product quality and long-term viability. The device is a new product line, designed with a glasses-like form factor and an external battery pack, similar to co...

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Related Topics

budget cuts (2) corporate restructuring (1) Mixed Reality (1) market trends (1) Apple Vision Pro (1) product development (1) release date (1) corporate strategy (1)