The losses come after Meta spent years investing billions of dollars in its metaverse concept (a 3D virtual world where ...

That’s because it wasn’t just Reality Labs employees that got cut loose in Meta’s most recent layoff round; it was also some ...

Meta's pullback from the metaverse and renewed AI focus sent its stock lower, drawing attention to communication services and ...

Meta has announced plans to let go of 10% of employees who work in the company’s Reality Labs division. This week should be ...

Meta will also no longer sell its headsets and software as a service for businesses, another help page reads: “We are ...

Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of the unit, started on January 13 and mark the first big Bay ...

The Wall Street Journal frames Mark Zuckerberg’s investment in the “metaverse” as a colossal disaster. In its recent earnings call, Meta announced it was cutting to the metaverse—its virtual-reality ...

Economist Dean Baker slammed Mark Zuckerberg's $77 billion Metaverse investment as a colossal waste, arguing it diverted crucial resources from societal needs like affordable housing. Meanwhile, Meta ...

Meta announced it’s discontinuing Horizon Workrooms next month, its productivity-focused VR platform, marking another step in ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut. Shares fell by more than 11% on Oct. 30 in reaction to those results, ...