A Meta-powered investment scam is spreading across 25 countries - how to spot (and avoid) it

A Meta-powered investment scam is spreading across 25 countries - how to spot (and avoid) it ...
Men's Journal

After Reportedly Burning Through $77 Billion, Mark Zuckerberg Finally Shifts Meta’s Focus

Meta lost $77 billion on the metaverse gamble in five years. Zuckerberg is shifting focus from metaverse to AI, cutting up to 30% in Reality Labs. Investors welcomed the shift; experts cite high ...
Fast Company

What was the metaverse?

At the heart of the metaverse derangement was the persistent inflation of its definition. McKinsey & Company proclaimed in June 2022 that the metaverse could generate “up to $5 trillion in impact by ...
Seeking Alpha

Investors cheer Meta's reported Metaverse cuts, a segment that has bled $73B in losses

Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...
CNN

The metaverse is cooked, and Wall Street couldn’t be happier

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...
CNBC

Wall Street loves Meta’s reported metaverse cuts. Most analysts see 20%-plus gain for stock

Across Wall Street, analysts adopted a jovial response after Bloomberg News reported that Meta plans to make cuts to its metaverse unit. Meta's stock climbed 5% on Thursday following Bloomberg's ...