Meta shares climb on report of possible 30% metaverse budget cut
Meta’s 30% budget cut for the metaverse signals a shift in strategy, impacting investor sentiment and market dynamics.
Meta
Meta shares climb on report of possible 30% metaverse budget cut
Meta’s potential budget cut in the metaverse reflects shifting investor priorities and broader market trends in tech investments.
Meta stock jumped more than 5% after plans surfaced to cut the metaverse budget by up to 30%
Meta’s stock rises 5.7% as Zuckerberg plans to cut metaverse funding, signaling a shift towards fiscal responsibility and profitability.
Meta weighs deep reductions to metaverse unit while sector’s crypto tokens collapse: report
Meta’s cuts signal a shift in the metaverse narrative as crypto assets collapse, reshaping investment strategies in the sector.
European regulators considering probe into Meta AI’s integration with WhatsApp
European regulators are probing Meta AI’s WhatsApp integration, impacting tech and crypto sectors significantly.