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

Meta Platforms (NASDAQ:META) sits at a $1.7 trillion market cap, putting it in rare air. Yet, the company has flirted with the $2 trillion mark multiple times over the past year, only to see momentum ...

Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of dollars in losses and wiped out a huge chunk of shareholder value, the company ...

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 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'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 ...

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 ...

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

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

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

Meta's Horizon Worlds will be available on Quest headsets for a while after all, after originally aiming for a June 15 hard shutdown. But it won't support anything new. I started with CNET reviewing ...