Meta’s Costly Metaverse Bet Shows Signs of Collapse

Meta’s suddenly pulling back hard on its metaverse plans. After pouring huge amounts of money into the idea, the company is now set to slash the team working on it, signaling they may finally be stepping away from the big bet that never really landed. Bloomberg is reporting that Meta will shrink Reality Labs spending … Continue reading Meta’s Costly Metaverse Bet Shows Signs of Collapse