After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

Shares of Meta Platforms rose up to 4% Thursday following reports the company was scaling back its spending on the metaverse project, a virtual reality experience the company once touted as the future ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

Mark Zuckerberg’s dream of the metaverse has rarely looked farther away. The Facebook founder is finalizing significant budget cuts to Meta’s years-long project to create virtual worlds that users can ...

As the company was disclosing its $17.1B in quarterly R&D spending, Meta also revealed Q4 revenue of $59.9B and net income of ...

As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 ...

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Meta is sticking with its VR division and plans to invest more in new hardware in the future. Smart glasses sales have more ...

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly acknowledging that Meta’s metaverse efforts suffered from a “lack of focus” that ...