After Losing over $70 Billion, Mark Zuckerberg Finally Admits His Biggest Tech Mistake Isn't…

December 7, 2025

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1 min read

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Indian Defence Review

Meta is quietly pulling the plug on its most expensive gamble yet—after burning through $70 billion. Behind closed doors in Hawaii, Mark Zuckerberg made a move that could reshape the company’s future and send shockwaves through Silicon Valley.

Meta is preparing to significantly scale back its investment in the metaverse, a move that underscores a growing shift in the company’s strategic direction. Internal plans point to budget reductions of up to 30% in 2026, particularly targeting its Re... [4605 chars]

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Source: Indian Defence Review

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