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Daily Tech News Show

Meta Plans to Slash Spending on the Metaverse - DTNS 5158

Daily Tech News Show

Tom Merritt

Technology, News

4.81.5K Ratings

🗓️ 4 December 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

Apple Interface Chief Alan Dye just got poached by Meta, and Andy Beach tells us about AI assisted diner tags on Open Table.


Starring Jason Howell, Huyen Tue Dao, Tom Merritt and Andy Beach.


Show notes found here.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Daily Tech News for Thursday, December 4th, 2025.

0:04.3

We tell you what you need to know, give you the important context, and help each other understand.

0:09.5

Today, Andy Beach tells us about AI-assisted diner tags and meta's plans to make big changes to its metaverse strategy.

0:17.7

Oh, chichita Changes.

0:19.6

I'm Jason Howell.

0:20.6

I'm going to do it now.

0:21.6

Let's start with what you need to know with the big story.

0:25.1

Apparently, the big story is not the metaverse in the world of technology.

0:29.5

Meta is planning steep cuts to its metaverse efforts.

0:35.0

That would include Reality Labs virtual reality that would also include

0:39.5

horizon worlds unit discussions are considering a reported reduction of up to 30% for those groups in

0:49.1

2026 so that's a pretty sizable shift if it is to happen, right? This is all happening kind of internally.

0:56.5

Many of the layoffs in these groups could happen as early as January. So pretty soon, right

1:05.4

around the corner. The Metaverse unit apparently has lost more than $70 billion since 2021.

1:13.1

You might remember that's when Zuckerberg, Mark Zuckerberg, CEO announced the company

1:17.2

rebrand to meta.

1:18.6

Remember when that was just a couple of years ago, really?

1:20.7

Feels like forever.

1:22.1

And pitched a metaverse focus for the future of the company and my how things have changed in just a couple of

1:28.8

years not only that we've got investor pressure um kind of you know pushing the scales or weighing

1:35.1

down the scales to say hey it's time to move on that's coupled with i'd say a lack of

1:41.1

really meaningful competitive interest in this category.

...

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