This is expected to be the first round of sweeping layoffs, set for May 20, with a second round scheduled for the second half ...

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 ...

Meta plans to lay off 10% of its workforce, about 8,000 employees, as the company continues to ramp up investments in ...

Meta's biggest swing at creating a social network for VR looked like it was dying a quick death in June. Horizon Worlds, a platform that Meta said would be deemphasized for VR in favor of mobile ...

The cuts follow losses in two pivotal court cases and the company's push to invest in artificial intelligence.

Meta isn't in the same position now as it was in late 2022. While the stock has pulled back from its all-time high last July, ...

Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...

Meta will lay off about 8,000 employees, or 10% of its workforce, starting May 20, while freezing 6,000 open roles to offset ...

But with news that Meta’s metaverse will soon stop operating, how might this intersection develop to deliver on its early ...

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 ...

Thu, March 19, 2026 at 7:04 PM UTC Meta Platforms (NASDAQ:META) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change. The move adds to a rough stretch that ...

A once-booming market for virtual real estate left early believers holding assets with little demand. Five years ago, tech ...