Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different organizations within the company, including Facebook, global operations, ...

In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while ...

The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated. Here’s what ...

Meta has made the decision to discontinue Workrooms as a standalone appIllustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is discontinuing its workplace virtual reality app ...

Mark Zuckerberg said the metaverse would be the future of his company - and the entire internet. Now, after tens of billions of dollars spent, it's quietly being shelved in favour of AI, writes Adam ...

Meta increased its capital spending by $10 billion because it “continued to underestimate” its compute needs, said its CFO.

Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting ...