Meta Platforms (NASDAQ: META) is reportedly laying off 10% of its Reality Labs workforce, highlighting the ongoing challenges within its metaverse division. While the segment has struggled with ...

Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its investment away from metaverse products. "We said last month that we were ...

Jan 12 (Reuters) - Meta (META.O), opens new tab has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media company's global fleet of data ...

Meta has landed one of Wall Street’s most connected dealmakers. Dina Powell McCormick, the former Goldman Sachs executive with deep ties to large pools of capital, and leaders around the world, who ...

Meta Platforms, Inc. remains a Buy despite the recent 20% pullback and concerns over heavy capex spending. FY25 capex guidance was raised to $70–$72 billion, with even larger dollar growth expected in ...

When Meta announced capital expenditure projections last year, the company made it known that it planned to spend big to build out capacity for its AI business. “We expect that developing leading AI ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Meta has announced the discontinuation of its Quest for Business program, intended to bring ...

Meta, the parent company of Facebook, made major cuts to its workforce on Tuesday, including an estimated 10% of employees in its Reality Labs division, which is said to affect more than 1,000 workers ...

Meta announced on Monday that it has appointed former Trump advisor Dina Powell McCormick as president and vice chairman of the company. Meta said Powell McCormick will be a member of the company’s ...

Meta Platforms META10.40%increase; green up pointing triangle has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses its virtual and augmented ...

Meta is planning to lay off around 10% of the employees in its Reality Labs division, The New York Times reported Monday. The division — which employs roughly 15,000 people — has a strong presence in ...

Meta META10.40%increase; green up pointing triangle Platforms is going all-in on building out AI infrastructure. The company on Monday created a new “top-level initiative” led by top executives to ...