March 20, 2026 - 00:04

Mark Zuckerberg's ambitious dream of a virtual reality-dominated metaverse is being quietly scaled back. Recent internal announcements at Meta signal a strategic pivot, leaving the once-grand vision on life support as the company turns its primary attention toward artificial intelligence and augmented reality.
The changes involve winding down the current flagship metaverse project, a persistent digital world accessible through VR headsets. While development on VR hardware will continue, the immersive social platform that was to be its heart is no longer the central priority. Resources and top engineering talent are being aggressively redirected to build AI and AR products, areas now seen as more immediately critical to the company's future.
This shift represents a stark retreat from the rebranding of Facebook to Meta just a few years ago, which staked the company's identity on building the "next computing platform." The metaverse, plagued by high costs, slow user adoption, and hefty financial losses, has failed to become the mainstream phenomenon executives predicted. The move underscores the harsh realities of technological adoption cycles and the fierce competition within the tech industry, where today's bold vision can quickly become tomorrow's sidelined project.
June 25, 2026 - 01:57
Why Marvell Technology (MRVL) Shares Are Trading Lower TodayShares of Marvell Technology dropped 4.1% in afternoon trading on Wednesday, caught in a wider downturn that swept across the semiconductor industry. The decline followed a sharp selloff in South...
June 24, 2026 - 19:46
EU looks at tech to bulk up its police agencyThe European Union is considering a major technological upgrade for its police agency, Europol, according to a draft mandate from the EU executive. The document outlines a need for advanced cloud...
June 24, 2026 - 05:31
Asian tech stocks rebound after global rout; Samsung up 9%Asia`s technology stocks staged a strong recovery on Wednesday, bouncing back after a brutal global sell-off that wiped out billions in market value the day before. Investors moved to scoop up...
June 23, 2026 - 20:11
Specialized Technology Stocks Q1 Results: Benchmarking Mirion (NYSE:MIR)The first quarter earnings season has wrapped up for the specialized technology sector, and the results reveal a clear standout. Mirion Technologies, trading under the ticker MIR on the New York...