With Meta’s battered stock doubling in the past 3 months, it’s not all about the money-losing metaverse anymore. This, as shares of Meta Platforms jumped...
Mark Zuckerberg’s expensive pivot toward building a virtual world continues to be just that — expensive. “None of the signals I see in today’s environment...
The company that rebranded from Facebook to Meta is still focused on social media. So said Meta Founder, Chairman and CEO Mark Zuckerberg, who added...
Meta Platforms reportedly plans to end its Portal smart display and its smartwatch projects as it focuses on core businesses in the wake of sweeping...
In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions....
Social media and metaverse company Meta will join the growing list of tech companies making large employee layoffs on Wednesday (Nov. 9). In a Tuesday...
Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in...
Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. And there’s the metaverse right in...
Meta CEO Mark Zuckerberg has plans to cut down on headcount for the first time, which will see an end to “rapid growth” for the...