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Alibaba cuts 'dozens of employees' at metaverse unit as hype in sector cools down

Retrieved on: 2024-11-03 11:00:29

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Alibaba cuts 'dozens of employees' at metaverse unit as hype in sector cools down. View article details on hiswai:

Summary

The article details Alibaba's strategic cutbacks in its metaverse operations, despite significant investments. It highlights the broader trend among tech companies scaling back from metaverse ambitions, connecting to themes of investing, futurism, and business restructuring.

Article found on: finance.yahoo.com

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