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    dailyadda

    After a $70bn hit, Zuckerberg concedes his biggest bet is 'not working'

    1 week ago

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    👍 ❤️ 😂 😮 😢 😡

    Meta is reportedly planning significant budget cuts for its Metaverse division, potentially slashing its Reality Labs budget by up to 30%. This move comes after the company has incurred over $70 billion in losses from its metaverse ambitions. The decision reflects a broader lack of consumer interest and a strategic pivot towards artificial intelligence.
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