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 Facebook parent Meta dropped more than 4% on Friday, showing rare vulnerability for the powerhouse stock after a pair of landmark court rulings, and on the heels of the decline of its ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions ...

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's first mass layoffs set off a surge in the stock. Will we see a repeat?

When Facebook changed its name to Meta a few years ago, the idea was that the VR metaverse would become a huge pillar for the company. I think we can safely say that's not going to happen. On its ...

(Reuters) - Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year, sending shares down nearly 20% as investors voiced skepticism about ...

Meta said its road to the metaverse ran through Seattle. Recent layoffs point to a dead end. Meta laid off hundreds of ...

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 Worlds on Quest. Once hailed as the ...

AKS Meta quietly revives stablecoin plans 4 years after Libra's collapse. Heavy AI spending backdrop as payments become key ...

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 ...

Meta has revamped its Horizon OS, dropping the unpopular Horizon Worlds. Instead, it's drawing heavily on inspiration – from ...