Zuckerberg's grand metaverse bet? Officially a disaster. Meta just slashed budgets by 30% and started swinging the layoff axe.



The reality check hits hard—without the metaverse dream panning out, Meta's now doubled down on what actually makes money: ad revenue and AI tools. The company that burned billions chasing virtual worlds is back to basics, though not by choice.

Turns out betting the farm on cartoon avatars wasn't the genius move Wall Street hoped for.
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BearMarketMonkvip
· 18h ago
LOL, this is hilarious. Spent so much money on a VR headset, and in the end, it all comes back to selling ads.
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StableNomadvip
· 18h ago
lmao the metaverse arc was literally UST in May but make it corporate. billions gone & suddenly everyone's pivot-posting about "fundamentals" again... statistically speaking, that 30% budget cut screams desperation way more than strategy ngl
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BlockchainBouncervip
· 18h ago
ngl this is what you call shooting yourself in the foot, burning so much money just to end up with a bunch of virtual avatars, hilarious
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DataBartendervip
· 18h ago
Burned tens of billions to play in the virtual world, that's really insane, it cracks me up hahaha
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0xSherlockvip
· 19h ago
Haha, cartoon avatars fiasco on full display. How many billions have been burned? This is what you call a rude awakening.
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