Meta Stock Surges on Plans for Metaverse Cuts
Bloomberg Tech
Bloomberg
4.5 • 49 Ratings
🗓️ 5 December 2025
⏱️ 46 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Meta’s plan to cut resources for building its metaverse, the virtual world that Mark Zuckerberg once framed as the future of the company. Plus, Nvidia CEO Jensen Huang says he’s not sure China would accept more powerful AI chips - even if the US relaxes restrictions on sales. And, a look at the latest earnings from Snowflake, Salesforce and UiPath.
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| 1:05.5 | Bloomberg Audio Studios. |
| 1:07.7 | Podcasts, Radio News. |
| 1:14.6 | BlueBes. Studios. Podcasts, Radio News. Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovlo in San Francisco. |
| 1:25.3 | This is Bloomberg Tech coming up. Bloomberg reports metas considering budget cuts of 30% for its |
| 1:31.4 | metaverse group next year. The very group Mark Zuckerberg once framed as the future of the |
| 1:35.7 | company shares jump. Plus, NVIDIA CEO, Jensen Wang, is not sure China would accept more |
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