Technology giant Meta Platforms META has been betting aggressively on the growth of artificial intelligence in recent years. This has come at the expense of eliminating jobs in the company's metaverse ...
Meta will shut down the VR version of Horizon Worlds on June 15, 2026, as part of a strategic pivot toward mobile experiences and AI. The move follows earlier announcements to remove Horizon Worlds ...
Shares of Facebook parent Meta dropped more than 4% on Friday, showing rare vulnerability for the powerhouse stock after a pair of landmark court rulings, and on the heels of the decline of its ...
Meta's biggest swing at creating a social network for VR looked like it was dying a quick death in June. Horizon Worlds, a platform that Meta said would be deemphasized for VR in favor of mobile ...
Meta Platforms (NASDAQ:META | META Price Prediction) sits at a $1.7 trillion market cap, putting it in rare air. Yet, the ...
This is expected to be the first round of sweeping layoffs, set for May 20, with a second round scheduled for the second half ...
Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...
A once-booming market for virtual real estate left early believers holding assets with little demand. Five years ago, tech ...
When Facebook changed its name to Meta a few years ago, the idea was that the VR metaverse would become a huge pillar for the company. I think we can safely say that's not going to happen. On its ...
Meta said its road to the metaverse ran through Seattle. Recent layoffs point to a dead end. Meta laid off hundreds of ...
Thu, March 19, 2026 at 7:04 PM UTC Meta Platforms (NASDAQ:META) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change. The move adds to a rough stretch that ...