Is Zuckerberg Giving Up on the Metaverse?

It's a signal. And what's interesting about it is, as usual, as they think about the budget for 2026, they're going to make layoffs. They're going to cut about 10% across the entire business.That tends to be what happens at this time of year. But he gathered his top executives in his house in Hawaii to discuss, okay, where should most the resources be coming from. Because, remember, they are spending a ton on AI and people have been worried about that.How can he offset that. Well, 30% more cuts, therefore, ...