Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

With AI taking the tech world by storm, the metaverse never took off the way Zuckerberg intended. Meta's stock got a boost ...

In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse — a digital realm where people would work, ...

According to Instagram’s leadership, this new decision is based on the belief that the company performs better when teams are ...

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...

The “Metaverse” isn’t what it used to be. Meta Platforms is expected to cut resources from the virtual reality initiative ...

"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.

Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ...

Third example, there used to be some honor among thieves in Silicon Valley, a sort of no-poach rule that led to a lot of rich ...

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent — wiping more ...

Alexandr Wang, the 28-year-old founder of Scale AI, has been thrust into the global spotlight after Mark Zuckerberg tapped ...

The installation, called Regular Animals and curated by artist Mike Winkelmann, "reinterpreted the legacy of pop portraiture, ...