Facebook parent Meta (FB) is banking on the metaverse to save it from plateauing user numbers and competition from the likes of TikTok. But the social media giant blew its first real chance at giving ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...

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 ...

Discover how Meta leverages ads on Facebook and Instagram while expanding into the metaverse with VR technologies.

When Facebook changed its name to Meta, the entire tech sector looked towards what seemed to be the future of networks, communication, and commerce... until AI arrived. But the metaverse is still ...

After betting heavily on the metaverse—and spending many billions building it—Meta recently pivoted hard.

A version of this story will appear in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. Shares of the company formerly known as Facebook shot up 7% early Thursday in ...

Facebook said it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform that promises to connect people virtually but could raise concerns ...

Leading off the pack is a company that single-handedly managed to shift the industry’s attention towards today’s hottest buzzword and change its own brand name in the process. Meta has spent years ...

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...