Meta reportedly plans to slash Metaverse budget by up to 30%
**Meta Reportedly Plans Significant Cuts to Metaverse Budget** Meta Platforms is reportedly poised to drastically reduce its budget for metaverse development, with potential cuts reaching up to 30%. This move comes as the company grapples with substantial financial losses within its Reality Labs division, the arm responsible for its ambitious virtual and augmented reality initiatives. […]
Meta reportedly plans to slash Metaverse budget by up to 30% Read More »
