metaverse, Mark Zuckerberg and Facebook

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Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, socialize, and spend much of their lives — the company’s next great frontier. He framed it as the “successor to the mobile internet” and said Meta would be “metaverse-first.”

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Mark Zuckerberg’s Vision for the Metaverse Seems More Distant Than Ever
Meta CEO Mark Zuckerberg went all in on the metaverse. Now Reality Labs is facing big cuts.
Meta to cut up to 30% of metaverse budget, Bloomberg News reports
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, only for the business to burn more than $60 billio...

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Meta set to slash spending on metaverse as Zuckerberg shifts focus to AI
Zuckerberg prepares to abandon Metaverse dream
Meta (META) Stock Is Up, What You Need To Know
The division, which has lost more than $70 billion since 2021, faced potential spending reductions of up to 30% for 2026.

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Zuckerberg Basically Giving Up on Metaverse After Renaming Entire Company “Meta”
Zuckerberg's $70 Billion Retreat: Meta Slashes Metaverse Dreams for AI Gold Rush

Inside Silicon Valley’s 'soup wars': Why Mark Zuckerberg and OpenAI are hand-delivering soup to poach talent

In the high-stakes arms race between Meta and OpenAI for AI dominance, the weapon of choice has evolved. First, it was unlimited compute, then $100 million signing bonuses. Now, the battle has entered a new,
Mathrubhumi English

Zuckerberg slashes metaverse budget by 30 pc; Meta’s shares surge as focus shifts to AI

Meta drastically cuts metaverse spending, shifting focus and investment to AI. Read about the implications and Meta's new AI strategy.

Meta’s Zuckerberg Plans Deep Cuts for Metaverse Efforts

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
The Week

Meta's biggest heist yet: What hiring Apple veteran Alan Dye says about Mark Zuckerberg's poaching playbook

Alan Dye was joined by Billy Sorrentino—another prominent design executive from Apple—in headlining Meta's new design studio within its Reality Labs
The Financial Express

2026 is going to be tough: Mark Zuckerberg’s Instagram orders employees to return to office 5 days a week

According to Instagram’s leadership, this new decision is based on the belief that the company performs better when teams are physically together.

Meta’s stock pop could be just the start as Zuckerberg takes aim at ‘black hole’ of spending

Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ignited a rally

OpenAI's chief researcher says Mark Zuckerberg 'hand-delivered soup' to an employee in a recruiting effort

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to poach its talent.

Mark Zuckerberg’s Instagram orders workers back to office 5 days per week

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.

Art installation depicts billionaires as robot dogs

An Art Basel installation featuring robot dogs with wax heads of Jeff Bezos, Elon Musk and Mark Zuckerberg went viral as it examined how tech leaders influence how we see the world.
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