Analysts are laser-focused on Meta's AI ambitions and its surging capex spending. The company reports Q4 earnings after the ...

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to ...

Meta is shifting gears as a bold business venture faces significant challenges.

Meta CTO Andrew Bosworth offered the first bit of insight into the company’s recent Reality Labs shakeup, publicly ...

The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

A big shakeup at Reality Labs.

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

Reality Labs chief Andrew Bosworth spoke for the first time this week about the cuts in the VR division and explained Meta's ...

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...