The job cuts come as the social media giant doubles down on AI and grapples with a big bet on the metaverse that didn't pan ...

Meta Platforms Inc. and EssilorLuxottica SA are discussing potentially doubling production capacity for AI-powered smart ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.

Facebook parent company Meta Platforms Inc. is reportedly moving forward with plans to cut over 1,000 jobs in the latest ...

Meta has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media ...

The cuts are expected to affect 10% of Reality Labs' approximately 15,000 employees, reports The New York Times, which cites ...

Meta Platforms, Inc., is a Buy after a 20% pullback: accelerating ad revenue supports AI capex, with FCF upside as spending ...

Facebook parent company Meta has begun restructuring of its Reality Labs division, initiating job cuts that are expected to ...

The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on ...

Meta, the parent company of Facebook and Instagram, announced deals Friday with three nuclear energy companies to help power ...

Meta, the parent company of Facebook and Instagram, announced Monday it has tapped former Trump adviser Dina Powell McCormick ...