Economist Dean Baker has criticized Meta CEO Mark Zuckerberg saying he threw “$77 billion … into the toilet” with his bet on ...
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Meta shares spike after Metaverse cuts, is $1,000 next in 2026?
Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...
Horizon OS was designed to deliver “mixed reality experiences,” and to communicate “social presence” through technologies ...
Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors ...
Meta has struggled to compete with industry-leading AI labs like OpenAI and Anthropic. Here's how its acquisition of Chinese ...
Meta logo reflected in smart glasses highlights the company’s push into AR wearables and immersive tech growth. Shares of Meta Platforms got a boost in early December, helping stem the stock's ...
Hardware teams at Meta's Reality Labs were asked to trim spending by almost 20% into 2026, The Information reported.
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
Meta (NASDAQ:META) stock rose about 1.5% on Tuesday morning as the company is all set to acquire Singapore-based AI startup ...
The virtual world, or metaverse, seems to be on hold as tech companies commit more resources to artificial intelligence technology. The metaverse, a virtual world envisioned by the tech industry for ...
Meta is feeling the heat. Earlier this year, The Washington Post reported that Facebook parent company Meta paid a national consulting firm to place op-eds in local newspapers across the U.S. making ...
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