🚀 Meta’s Metaverse Drums Up a 30% Cutback Carnival 🎩

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Well now, it appears good ol’ Meta, that social beekeeper giant and all-around spectacle maker, is pondering to trim its metaverse fancy enough to save a shade up to 30 cents on the dollar and direct those savings toward virtual reality spectacles and the mysterious realm of artificial intelligence. 🤖

No decision has reached its final watering hole just yet, but word is that cutbacks, and perhaps even layoffs, are being mused about in the back alleys of Meta’s Reality Labs. This place, my dear friends, is mostly where the stack of metaverse riches goes. Bloomberg and The New York Times, bless their diligent souls, reported on this potential adventure last Thursday.

Now, these bicarbonate savings might as well arrive on the first snow of January, but let’s not dilly-dally, for Meta’s got its mind set on flipping resources to a Reality Labs unit, divinely inspired to spawn augmented reality glasses.

Oh, the financiers, those ever-swinging pendulums of the market, sang songs of joy as Meta’s shares rocketed upward by over 5% when trading commenced that Thursday before landing around the $661 mark, a gain of a respectable 3.4%. All in the same breath, naturally! 💸

Meta Metaverse Budget Cut

For those not in the knowing circles, Meta spun itself a new web in 2021, swapping the venerable Facebook for Meta in a grand gesture to architect a metaverse. Billions, yes, billions of dollars were lavished on virtual reality contraptions until the bright frenzy around artificial intelligence outshone the metaverse dream, leaving some tech folks to cash in on the fervor-or at least try to!

Competition around the metaverse cools like a summer lemonade

The Remarkable Meta, holding its virtual reality axe like it’s the most exciting Christmas gift, is doing so as part of its annual budget planning for the year 2026. It seems the legendary gold rush around the metaverse ain’t quite as competitive as calculated; the competition’s lost its steam.

Sources confided in Bloomberg and The New York Times that back in 2021, both Apple and Google were racing like two riverboats to build competing virtual reality contraptions. Alas, the fervor has waned, leaving Meta’s honchos breathing easier.

However, other companies continue their metaverse dreams, with the noteworthy artificial intelligence startup, Infinite Reality, snagging the once music-pirate-turned-streamer Napster in March, sailing towards a music-centric metaverse.

Meanwhile, DTTM Operations, that company owned by the illustrious Donald Trump, filed for metaverse-associated trademarks hailing its brand in February, nurturing ideas of an NFT marketplace.

Meta, eyes fixed on the lens of virtual reality glasses

While Meta might be dabbling in cooling its metaverse passions, CEO Mark Zuckerberg-or Mark, the Visionary, as I like to call him-flung out a missive to his X-like Threads on Wednesday. Mark’s proclamation: a new creative studio arising within Reality Labs, brewed with designs of craft, fashion, and technology. 🎩👓

“We’re trudging into a new epoch where AI spectacles and other such marvels will weave new tapestries of connection with technology and each other,” so says Zuckerberg. “The potential, dear folks, is boundless! Yet, what truly matters is crafting experiences that feel as natural as a midsummer night’s dream and are human-centered at their core,” he went on. “This new studio we’re birthing is reveling in making every interaction both thoughtful and intuitive, built with a spirit of service.”

Meta Vision

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2025-12-05 05:02