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

Meta CEO Mark Zuckerberg is reportedly planning significant resource cuts, potentially as high as 30%, for its metaverse division, including virtual worlds and VR units. This comes as the company shifts its focus towards artificial intelligence development,

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to poach its talent.

What unfolded was not a typical technology conference; it was a global moment of responsibility, reflection, and vision. Interviewing Zuckerberg remotely, I felt the conversation’s human pulse. He was not just CEO; he was a human wrestling with influence, ethics, and the emotional weight of shaping tools billions use.

Sen. Bernie Sanders slammed soaring billionaire wealth as new Bank of America data shows many lower-income Americans still struggling with stagnant wages, persistent inflation and a widening economic divide.

Meta CEO Mark Zuckerberg has made a bold move as he appointed 28-year-old Alexandr Wang who founder of Scale AI to lead Meta’s entire AI operation.

Mark Zuckerberg's Meta has hired longtime Apple design executive Alan Dye in a move that people familiar with the situation say signals a major investment in AI-driven consumer hardware, reports Bloomberg’s Mark Gurman.