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Mark Zuckerberg makes a U-turn on metaverse spending as Reality Labs is hit with a new efficiency mantra

Meta founder and CEO Mark Zuckerberg wants to be leaner as his metaverse division Reality Labs lost more than $13 billion in 2022. ....

Susan Li , Facebook Meta , David Wehner , Mark Zuckerberg , Reality Labs , Wall Street ,

Global Spending on Mobile Games Falls 5% as High Inflation Causes Market to Cool

Mobile game spending fell 5% last year, to $110 billion, according to Data.ai. Nevertheless, downloads rose 8% to a record 90 billion. ....

San Diego , United States , Lexi Sydow , David Wehner , App Annie , Candy Crush Saga , Activision Blizzard , App Tracking Transparency , Chief Financial Officer David Wehner , Google Play ,

Can VR make a comeback in 2023? These games and headsets give us hope

Progress in virtual reality has seemingly stagnated since 2021, but the next year could be when VR reaches its full potential. ....

David Wehner , Quest Pro , Forbidden West , Meta Quest , Oculus Quest , Beat Saber , Star Wars , Resident Evil , Horizon Worlds , Stranger Things , Peaky Blinders , Jurassic Park ,

Mark Zuckerberg To Resign as Meta CEO Next Year? Facebook Parent Company Responds To Media Reports

The company posted another quarterly revenue decline as investors begin to lose faith in its loss-making, billion-dollars metaverse dream. In the third quarter (Q3), Meta s revenue declined 4 per cent year over year to hit $27.7 billion. The company posted a net income of $4.395 billion, down from $9.194 billion year over year. Mark Zuckerberg To Resign as Meta CEO Next Year? Facebook Parent Company Responds To Media Reports. ....

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Mark Zuckerberg not resigning as CEO, Meta executive confirms

Mark Zuckerberg is determined to aggressively push his Metaverse dream despite serious concerns raised by investors. ....

Brad Gerstner , David Wehner , Mark Zuckerberg , Communications Director , Reality Labs , Altimeter Capital Chair , Meta Ceo , Mark Zuckerberg , Meta Ceo Mark Zuckerberg , Meta Firing , Facebook Ceo ,