Meta's recent actions have given rise to speculation that the company is moving away from the metaverse. To validate this claim, it is important to understand the dynamics behind the metaverse and ...

Detailed price information for Meta Platforms Inc (META-Q) from The Globe and Mail including charting and trades.

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 has struggled to compete with industry-leading AI labs like OpenAI and Anthropic. Here's how its acquisition of Chinese ...

Meta has shifted away from pitching the metaverse to advertisers, The Information reported. In pitch meetings, the company has reportedly been prioritizing Reels and AI tools. The move comes as the ...

Maria Gracia Santillana is a NYC-based careers reporter. Meta handily beat Wall Street’s expectations for its Q2 results, but there was no joy in its metaverse division, which posted a ...

Meta's stock has surged as investors reward a sharp pivot away from its most expensive Metaverse ambitions and toward more ...

Meta’s Connect keynote felt different this year, and not just because it marked the return of an in-person event. It’s been nearly two years since Mark Zuckerberg used Connect to announce that ...

Hardware teams at Meta's Reality Labs were asked to trim spending by almost 20% into 2026, The Information reported.

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 ...

Meta's metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023. Its second-quarter 2023 ...

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 ...