Citing people familiar with the discussions, Bloomberg reported on Dec. 4 that the budget cut can be up to 30%. Executives at the tech giant are reviewing plans that could reduce Reality Labs’ 2026 ...
US stocks closed mixed on Thursday as Wall Street digested fresh jobs data, with traders increasingly baking in expectations ...
Zuckerberg’s bet on immersive online worlds has lost the company more than $77 billion since 2020.
Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...
US stocks wobbled on Thursday as Wall Street digested fresh jobs data, with traders increasingly baking in expectations that ...
Mark Zuckerberg’s soup is hand-cooked. OpenAI’s soup comes from a high-end Korean restaurant. It’s soup for the AI soul.
Meta stock shot up 5.7% in early New York trading on Thursday after internal discussions revealed that Mark Zuckerberg is preparing to massively reduce ...
Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its "metaverse" projects next year.
Meta Platforms (META) shares are extending gains today following reports that CEO Mark Zuckerberg plans significant cost cuts ...
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...
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 company and the reason for ...
Meta Platforms (META) shares are rallying after Bloomberg reported that CEO Mark Zuckerberg is preparing to make sharp cuts to the company’s metaverse operations.