This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255). Two families filed a wrongful ...
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Meta weighs 30% budget cut to its flagship unit
Meta is reportedly considering slashing spending on its metaverse division. Meta’s metaverse division works on the company’s vision for a shared, immersive digital universe where people can socialize, ...
After months of being down and out, Meta Platforms (NASDAQ: META) may have just changed the narrative around its business in a big way. In October, the Magnificent Seven stock tanked 11% after its Q3 ...
Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported today, citing people familiar with the discussions. The Facebook parent’s shares rose 4% as the ...
Fri, January 16, 2026 at 6:50 PM UTC Over the last 12 months, revenue growth hit 21.3%, far exceeding the low- to mid-teens rates for the others, such as with Alphabet at 13.4% and Amazon below that.
Meta‘s metaverse ambitions are hitting a crossroads. In a move that marks a dramatic shift in strategy, the tech giant is ...
The decision effectively ends the role of Horizon Worlds as a dedicated VR social destination, where users interacted via ...
Meta is reportedly considering slashing spending on its metaverse division. Meta’s metaverse division works on the company’s vision for a shared, immersive digital universe where people can socialize, ...
Meta Platforms (META) trades at 21x P/E, 36% below hyperscaler peers at 33x despite 368% stock gains over three years. Meta derives 97.7% of revenue from advertising. Reality Labs has accumulated ...
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