Meta is laying off more than 1,000 workers, signaling a partial retreat from the company's much-derided metaverse ambitions.
Despite strong reviews and awards, Meta is ending new content for its Supernatural VR fitness app, as it cuts Reality Labs ...
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
The division currently has about 15,000 employees, so the layoffs will shrink the team by about 10%. The job cuts come after ...
Airbnb Inc. has hired a former Meta Platforms Inc. executive as its new chief technology officer, as the short-term rental ...
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile ...
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...
Meta’s stock slid in after-hours trading on Wednesday after the tech giant posted strong third-quarter results but warned that its expenses will be significantly higher in 2026 than this year. Like ...
Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media ...
Meta Platforms Inc.’s Mark Zuckerberg, months into building one of the priciest teams in technology history, is getting personally involved in day-to-day work and pivoting the company’s focus to an ...
Meta and Microsoft shares have struggled for momentum over the past three months but rode improving market sentiment this week Shares of Meta and Microsoft, led by Mark Zuckerberg and Satya Nadella, ...