Business & Tech Major Investor Says Meta 'Needs to Get Its Mojo Back,' Says Pivot to the Metaverse Was Too Hasty Another shoe may be dropping for Facebook/Meta, and for CEO Mark Zuckerberg, as a key investor in the company speaks out publicly, on behalf of investors, saying that the company needs to dial back its investment in the metaverse and lay off about 20% of its employees.
Business & Tech Meta Announces That Metaverse Avatars Will Soon Gain Legs — Also, They'd Like to Sell You a $1,500 VR Headset "It's painful how hellbent Mark Zuckerberg is on convincing us that VR is a thing." That's a TechCrunch headline on an article about Meta's VR developer conference this week, at which the company unveiled a new $1,500 headset for use in the still very beta metaverse.
Business & Tech Zuckerberg Reportedly Getting Increasingly Snippy and ‘Intense’ In Pivot to Metaverse, Amidst Declining Profits Some new leaks of palace intrigue from Facebook (now Meta) show that Mark Zuckerberg is becoming increasingly demanding to work for as the company pivots its focus to the Metaverse, which by the way, still does not actually exist.
Business & Tech Yep, Facebook Now Wants to Be Called 'Meta' Facebook's big rebranding reveal came on schedule today, during CEO Mark Zuckerberg's keynote address at the company's annual Connect conference, and the new name for Facebook is Meta.
