The giant is set to reduce the budget of its Reality Labs division by 30% starting in 2026, after more than $70 billion in losses since 2021.
Investors, meanwhile, are applauding the decision👇
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😮 Is Meta turning the page on the metaverse?
The giant is set to reduce the budget of its Reality Labs division by 30% starting in 2026, after more than $70 billion in losses since 2021.
Investors, meanwhile, are applauding the decision👇