When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...

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 ...

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...

Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut. Shares fell by more than 11% on Oct. 30 in reaction to those results, ...

(Reuters) - Meta Platforms Inc said on Wednesday it would cut more than 11,000 jobs, or 13% of its workforce, as the Facebook parent doubled down on its risky metaverse bet amid a crumbling ...

Quick ReadMETA delivered a 430% decade return but crashed 75% in 2022 before the AI rally bailed out long-term holders.SPY ...

Meta ‘s metaverse ambitions are hitting a crossroads. In a move that marks a dramatic shift in strategy, the tech giant is shutting down the VR version of Horizon Worldson Quest. Once hailed as the ...

Facebook announced Thursday that it is changing its name to Meta, while unveiling a new logo resembling an infinity sign. Its flagship social media platform will still be called Facebook, however. And ...

CTO Andrew Bosworth said about 20% of the company's overall costs and expenses would be spent on the Reality Labs segment of its business next year. Reading time 3 minutes Much has changed since Mark ...

Earlier this year, Meta posted its first quarterly revenue decline. Once again, Meta’s financials aren’t inspiring much faith in its investors this quarter. Meta’s revenue declined 4% year over year ...

Andrew Bosworth, Meta’s outspoken chief technology officer, has a new mission: transforming the company’s workforce using AI.

Meta, the newly-named Facebook parent organization, has announced new data center hardware at the Open Compute Project (OCP) Global Summit this week, built with partners according to open source APIs.