Meta is implementing a significant strategic shift, applying the brakes to its loss-making metaverse ambitions to refocus ...

The latest round of layoffs is expected to impact about 10% of Reality Labs’ workforce, which numbers roughly 15,000 ...

Shares in Meta Platforms (META) are down 12% on Thursday, extending Wednesday's post-market losses, after the social media and AI tech giant recorded a one-time charge of nearly $16B after ...

Venture capitalist Sarah Kunst of Cleo Capital is raising concerns regarding Meta Platforms Inc.'s (NASDAQ:META) latest reorganization and its high-priced push into artificial intelligence, warning ...

Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks on the Market’s Radar. On October 30, Oppenheimer downgraded the stock to “Perform” from Outperform without a price target. The firm said ...

Mark Zuckerberg's metaverse empire is under siege as ByteDance, TikTok's parent, storms the mixed reality (MR) arena with its Swan goggles. Meta Platforms Inc.'s (NASDAQ:META) Quest series and ...

This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Like a helicopter too heavy for lift off, tech companies are ...

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...

Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...

Meta is investing close to $15 billion in a new partnership with Californian artificial intelligence company, Scale AI, in what it describes as a goal of developing AI "super intelligence." This would ...