Dec 4 (Reuters) - Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing people familiar with the discussions. The Facebook ...

Meta loses 20 million daily users in Q1 2026 as young audiences abandon platform; company faces first decline in history.

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 ...

Holoearth, which just launched in 2024, is the latest proof that PC Gamer's Wes Fenlon was right.

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 ...

Meta Connect 2026 date was revealed, as well as what consumers can expect, which is all about AI and VR.

Meta Connect 2025 is right around the corner to deliver the latest from the company on everything virtual reality, augmented reality, and more. The biggest expected release here is the debut of a new ...

Andrew Bosworth, the chief technology officer of Meta, told staff in a memo that 2025 is the "most critical" year for the company's metaverse bets.Meta Meta's chief technology officer thinks 2025 ...

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Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...

Meta faces internal turmoil as 8,000 job cuts are expected by May 20, 2026. Read about the growing anxiety and instability ...