When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the ...

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

Meta announced a fresh set of layoffs for the Reality Labs division.

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 ...

Mark Zuckerberg’s vision for the metaverse was meant to reimagine how we interact with each other and the world, providing us ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

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 company and the reason for ...

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 ...

The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...

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 ...

Seeking Alpha's roundup of statements, announcements, and remarks that could impact the technology sector. Meta (META) could slash funding for its metaverse division by as much as 30% for the coming ...

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 ...