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Meta shares climb on report Mark Zuckerberg plans to ax up to 30% of metaverse budget

#1 out of 6

business2h ago

Meta shares climb on report Mark Zuckerberg plans to ax up to 30% of metaverse budget

Nypost.com

Meta shares climbed after Bloomberg reported Zuckerberg plans to cut up to 30% of the metaverse budget for 2026.
The move could include layoffs if the budget reductions proceed, per Bloomberg’s report.
Meta’s metaverse efforts sit within Reality Labs, which develops Quest headsets and AR glasses.
Meta has struggled to monetize its immersive metaverse vision and expand device markets beyond gaming.
The Bloomberg report notes Meta’s AI efforts and broader spending alongside metaverse plans.
Meta reorganized its AI efforts under Superintelligence Labs this year, led by Zuckerberg.
The reported budget adjustments come as Meta faces competition in AI and AR markets from rivals like Google and Apple.
The report mentions Zuckerberg held meetings at his Hawaii compound related to 2026 planning.
Meta’s name change in 2021 signaled its pivot toward more ambitious technology bets.

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#2 out of 6

business1h ago

Meta to cut up to 30% of metaverse budget, Bloomberg News reports

Finance.yahoo.com

Meta plans budget cuts of up to 30% for its metaverse initiatives in 2026, Bloomberg reports.
The cuts could include layoffs as early as January, the Bloomberg report says.
Meta has spent heavily on Reality Labs, the unit behind the metaverse and Quest devices.
Investors welcomed the potential cuts as a way to align costs with revenue outlook.
Meta reorganized its AI efforts under Superintelligence Labs this year.
Meta has committed up to $72 billion in capital spending this year to fuel its goals.
The report references meetings at Zuckerberg's Hawaii compound as part of budget planning.
Meta aims to realign spending with a less prosperous revenue outlook in AI and devices.
Meta's name change in 2021 signaled its focus on metaverse-related goals.
Bloomberg is the agency cited for the budget-cut reporting on Meta's 2026 plans.

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Robot Dogs Wear Lifelike Musk, Zuckerberg Masks While Pooping Pictures

#3 out of 691.6K est. views99.27%

celebrities3h ago

Robot Dogs Wear Lifelike Musk, Zuckerberg Masks While Pooping Pictures

Tmz.com

Art Basel Miami hosts Beeple's 'Regular Animals' featuring robot dogs with masked billionaire faces.
The exhibit, 'Regular Animals,' shows flesh-colored robo-dogs dropping art prints and wearing masks.
Masks used for the bot faces were created by Landon Meier and are described as frighteningly accurate.
The project includes NFTs and has attracted private collectors.
Beeple described the work as commentary on billionaire influence over social media.
The exhibit invites viewers to consider the intersection of art, technology, and wealth.
The piece includes imagery of well-known faces beyond Musk and Zuckerberg.
The artwork is available for viewing at Art Basel Miami Beach.
The piece explores the role of masks in shaping perceptions of identity.
The installation blends traditional art with digital and NFT components.

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OpenAI's chief researcher says Mark Zuckerberg 'hand-delivered soup' to an employee in a recruiting effort

#4 out of 615.7K est. views

technology1d ago

OpenAI's chief researcher says Mark Zuckerberg 'hand-delivered soup' to an employee in a recruiting effort

Businessinsider.com and 1 more

Meta's recruitment push has extended beyond traditional channels, with Zuckerberg personally delivering soup to an OpenAI employee as a symbolic gesture in a high-stakes talent race.
OpenAI has repeatedly faced poaching pressures from rivals like Meta, underscoring the AI talent wars in which few top researchers are available.
Meta allegedly targeted about half of OpenAI chief researcher Mark Chen's direct reports, illustrating aggressive recruitment tactics within the AI elite.
Industry insiders note that Meta reportedly offered substantial signing bonuses to lure OpenAI engineers, signaling escalating compensation in the talent war.
OpenAI asserts it has been fairly successful at retaining top AI talent despite recruitment pressure, portraying resilience amid poaching efforts.
The talent dynamics reflect a belief that a small pool of researchers and engineers can drive breakthroughs or build new LLMs, intensifying competition for scarce expertise.
Chen frames Meta's recruitment as a response to OpenAI's leadership in the AI field, highlighting perceived head starts at OpenAI.
OpenAI CEO Sam Altman indicated that although Meta pursued some engineers, none of OpenAI's top talent was poached at the time.
The narrative places these moves within Meta's broader Superintelligence Lab, signaling a strategic expansion into advanced AI capabilities.
OpenAI characterizes the recruitment clash as a routine feature of the ongoing AI talent race, where leadership and vision are highly sought after by rivals.
The exclusive BI report emphasizes the personal, almost human element of recruitment in a high-stakes tech race, where gestures like soup sharing become symbolic moves.

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Art Basel show by Beeple has realistic Musk, Bezos, Zuckerberg robot dogs pooping NFTs

#5 out of 6

celebrities20h ago

Art Basel show by Beeple has realistic Musk, Bezos, Zuckerberg robot dogs pooping NFTs

Pagesix.com

Beeple debuted ‘Regular Animals’ at Art Basel’s VIP preview, featuring hyper-realistic robotic dogs in the Meridians section.
The robots wear masks of Elon Musk, Jeff Bezos, Mark Zuckerberg, Picasso, Warhol, and Beeple, and take photos while printing art.
Some prints are stamped as NFTs with a barcode and warning labels about potential disgust or effects on collectors.
Beeple says the work comments on how people now see the world through the eyes of powerful algorithms and figures.
Billionaire tech figures and celebrities were spotted at Art Basel, including Sergey Brin among others.
Fairgoers reportedly may find limited prints available, with some selling for around $100,000 each.
Beeple believes the piece invites viewers to reflect on who controls the way we perceive reality.
The installation includes a print featuring Beeple’s likeness produced by a robot.
Art Basel attendees and media covered the spectacle as part of the fair’s VIP preview.
Beeple says the piece critiques how powerful figures shape visual culture today.

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#6 out of 638.8K est. views

technology15h ago

OpenAI's chief researcher says Mark Zuckerberg 'hand-delivered soup' to an employee in a recruiting effort

Mrf.lu

Meta CEO Mark Zuckerberg reportedly hand-delivered homemade soup to an OpenAI employee as part of a recruiting effort.
OpenAI says the recruiting push has included attempts to poach top researchers and engineers.
The competitor activity underscores the AI talent race between Meta and OpenAI, with other reports of signing bonuses.
OpenAI notes that recruitment efforts focus on researchers and engineers with breakthroughs or LLM expertise.
Chen says OpenAI has been fairly successful at retaining top talent amid poaching pressure.
Meta claims to be pursuing AI expertise as OpenAI experiences ongoing talent turnover.
The story highlights the broader AI talent wars among tech giants like Meta and OpenAI.
Business Insider notes that the OpenAI recruitment tension has been rising for years.
The reporting emphasizes that talent movement shapes the AI development timeline and leadership edge.
The piece notes the broader context of competitions over top AI researchers and engineers.

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