Meta Platforms is accelerating its pivot away from the metaverse, just over four years after the Facebook owner changed its name to signal it was going all-in on virtual and augmented reality. The ...

Facebook and Instagram's parent company has been investing huge sums of money in AI, but it lags behind competitors.

Meta Platforms started 2026 by laying off around 1,500 employees in its Reality Labs division, a move that highlights the fading glow of its metaverse dreams amid billions in losses and a clear shift ...

Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...

Meta Platforms' (NASDAQ:META) journey into the metaverse began in 2014 with its $2 billion acquisition of Oculus VR, a move that positioned the company as a pioneer in virtual reality hardware. This ...

Meta loses 20 million daily users in Q1 2026 as young audiences abandon platform; company faces first decline in history.

Meta said its road to the metaverse ran through Seattle. Recent layoffs point to a dead end. Meta laid off hundreds of employees on Wednesday, about two months after a sweeping workforce reduction at ...

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, ...

Meta Platforms is in danger of being left holding the bag in the AI race.

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 is preparing to lay off thousands of employees. This is a first since its creation. Massive losses for Meta. Meta has spent $15 billion on the Metaverse - but how? The company is not willing to ...

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 ...