Mark Zuckerberg wants to spend big on the metaverse, but investors are skeptical

Meta Mark Zuckerberg told the world last October that he was all in on the metaverse, and that the endeavor that would only get more expensive over time. Now that his company's stock price has been hammered in recent months, he is dialing back that rhetoric. Meta will "slow the pace of some of our investments" due to "our current business growth levels," Zuckerberg said during the company's first-quarter earnings call Wednesday. Meta's profits for the first quarter were $7.5 billion, down 21 per...