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]