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Meta stock price: META rises on report that Zuckerberg will cut up to 30% of metaverse division

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Meta stock price: META rises on report that Zuckerberg will cut up to 30% of metaverse division

Shares of Meta Platforms, Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% cuts to its virtual reality group, which includes the so-called metaverse. Thes…

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