In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a new horizon, the ...

The artificial intelligence arms race has turned Silicon Valley into a spending contest. Meta Platforms (NASDAQ:META | META Price Prediction), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and ...

Meta Platforms Inc.’s META Reality Labs has reported a $3.7 billion operating loss in its latest financial report, primarily attributed to decreased Quest 2 sales, shedding light on the financial ...

When Mark Zuckerberg rebranded Facebook to Meta (META) in October 2021, the founder and CEO presented the name change as the next step in the company's evolution as he sought to bring the metaverse to ...

Like a helicopter too heavy for lift off, tech companies are ditching anything they don't view as essential to get their AI plans off the ground. Meta is planning to cut its metaverse division's ...

Meta is reportedly looking to slash spending on the "metaverse," the tech giant's suite of augmented reality hardware and software products. The company's push into the metaverse was the inspiration ...

Last week, earnings from Microsoft Corporation (NASDAQ:MSFT), Google-parent Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), Apple Inc (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) closed out January. Amazon ...

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(Bloomberg/Kurt Wagner) — 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 ...

Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...