Quick Summary Meta shares have entered a high-momentum phase driven by ad recovery and AI efficiency gains, creating ...
Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...
Meta Platforms has initiated sweeping workforce reductions across its Reality Labs division, cutting more than 1,000 positions as the tech giant pivots decisively away from its ambitious metaverse ...
Meta Platforms (META) is preparing to cut metaverse investments by up to 30% in 2026 after Reality Labs lost $60B since 2020. Meta froze AI division hiring in August amid restructuring despite ...
Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.
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 ...
Meta Platforms (NASDAQ: META) has made some big changes since the early days of "the facebook." CEO Mark Zuckerberg even ...
Meta Platforms has rebounded with strong AI-driven ad growth, robust execution, and a $1.7T market cap. Read why META stock ...
Over the past decade, Meta Platforms has transformed into a leading capital-return engine, returning $183 billion to shareholders—the sixth-highest total in..
(Bloomberg/Kurt Wagner) — 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 ...