Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence." ...
Meta stock rose after Q4 earnings beat estimates, offsetting big capex spending. The company's call with analysts will kick ...
Meta is shifting gears as a bold business venture faces significant challenges.
The social media giant continues to fire on all cylinders.
Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.
Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...
Analysts are laser-focused on Meta's AI ambitions and its surging capex spending. The company reports Q4 earnings after the ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
Meta Platforms (META) laid off 1,500 workers from its reality segment last week, as reported by the Wall Street Journal.
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...