Meta loses 20 million daily users in Q1 2026 as young audiences abandon platform; company faces first decline in history.

Meta Connect 2025 is right around the corner to deliver the latest from the company on everything virtual reality, augmented reality, and more. The biggest expected release here is the debut of a new ...

Dec 4 (Reuters) - Meta is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported on Thursday, citing people familiar with the discussions. The Facebook ...

Bloomberg / Contributor via In a post on Instagram, Meta CEO Mark Zuckerberg revealed the dates of the next Meta Connect ...

The company teased what appears to be a new pair of smart glasses, and said its event will focus on “the latest in VR, ...

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

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...

Meta Platforms‘ (META) AI investments echo its metaverse-era spending with high costs and vague returns. Analysts highlight risks, drawing parallels to past uncertainties Meta created with metaverse ...

Meta Platforms shares fell 8.6% the day after last Wednesday’s earnings report. The company is spending at least 7% more than ...

Meta has just launched Meta Motivo – a brand-new artificial intelligence (AI) model designed to bring lifelike realism to its avatars, with the potential to revolutionize the Metaverse experience.

Meta’s enormous bet on virtual reality ended last week, with the company reportedly laying off roughly 1,500 employees from its Reality Labs division — about 10% of the unit’s staff — and shutting ...