Meta is reportedly looking to slash spending on the "metaverse," the tech giant's suite of augmented reality hardware and software products. The company's push into the metaverse was the inspiration ...

Meta Platforms (NasdaqGS:META) is cutting about 700 roles, largely in its Reality Labs hardware organization. The company is ...

Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its loss-making Metaverse operations. Zuckerberg in October 2021 had rebranded Facebook ...

The move: Meta Platforms stock spiked on Thursday, with the social media company seeing $69 billion added to its market cap, bringing its total value to $1.68 trillion. The stock rose as much as 4%, ...

Meta Platforms‘ (META) AI investments echo its metaverse-era spending with high costs and vague returns. Analysts highlight risks, drawing parallels to past uncertainties Meta created with metaverse ...

Meta's expenses have been rising at a faster rate than revenue in recent quarters.

Investors seem to be overreacting a bit to the latest internal reports surrounding the delay of the latest AI model, ...

Back-to-back stock placements in under half a year can sometimes signal distress, especially when they're small, showing a listed company lacks confidence that it can find buyers for such shares. Such ...

(Bloomberg/Ryan Vlastelica) — The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors of the massive metaverse outlays that ...