Billionaire activist investor Bill Ackman has poured about $2 billion into Meta, making a major bet that Mark Zuckerberg’s tech giant will outpace rivals in the artificial intelligence arms race. The ...
Bill Ackman's Pershing Square Capital Management revealed a new stake in Meta during the fund's annual investor presentation. The stake amounts to 10% of Pershing's capital as of the end of 2025. It's ...
Meta Platforms beat Wall Street estimates across metrics, showing how its AI efforts are paying off; it also guided some first quarter metrics above consensus expectations. The news fired up investors ...
Earlier this month, Meta laid off 10% of the staff for Reality Labs, its virtual reality unit, reportedly cutting as many as 1,000 employees. Now, in a development that seems directly related, the ...
Meta's 2026 stock price forecast shows strong Wall Street support, targeting an average of $832. Meta's heavy AI and metaverse investments add financial risk despite its substantial ad revenue. By ...
Smart Glasses Apple’s long-rumored AR smart glasses may finally have a launch window — and the display could change everything Smart Glasses Apple smart glasses have a secret weapon against Meta ...
After years of failing to produce a profitable augmented reality platform, Mark Zuckerberg’s Meta is pounding one of the final nails into the coffin of its metaverse efforts — the ones that were once ...
Meta Platforms META-0.96%decrease; red down pointing triangle has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses its virtual and augmented ...
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...
Meta Platforms Inc. has agreed to acquire Singapore-based AI startup Manus, which makes an artificial intelligence agent that it sells to small and medium-sized businesses. The deal is part of a ...
In October 2021, Facebook CEO Mark Zuckerberg revealed that his social media empire was officially rebranding itself as “Meta” as part of a sweeping company-wide doubling down on virtual reality tech.
What if the tool you’ve been waiting for could not only catch errors in your Python code instantly but also handle millions of lines with lightning speed? Enter Pyrefly, Meta’s latest innovation in ...