Discover how Meta leverages ads on Facebook and Instagram while expanding into the metaverse with VR technologies.
Meta has announced that its social virtual world, Horizon Worlds, will shift toward a mobile-first experience, loosening its ties to the Quest virtual reality headset line. The decision, confirmed ...
After betting heavily on the metaverse—and spending many billions building it—Meta recently pivoted hard.
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, ...
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. is weighing significant cuts to the budget of its metaverse unit, Bloomberg and the New York Times reported today. The unit is responsible for the company’s Quest series of virtual ...
Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported today, citing people familiar with the discussions. The Facebook parent’s shares rose 4% as the ...
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 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 ...
Facebook parent company Meta is reportedly planning to lay off around 10% of staff in its metaverse, VR and AR-focused Reality Labs division. The New York Times reports that these cuts could be ...