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VR is a fast-growing space that continues to surprise with new innovations and technologies each year. Many major companies have attempted to jump into the market with a VR headset of their own, ...

Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company pushes deeper into artificial intelligence. In an internal memo sent to ...

More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show. The affected workers are employed by the Dublin-based firm Covalen, which handles ...

It’s hard to even imagine now, but immediately after it launched in 2004, there was nothing on the internet cooler than Facebook. It was initially available only to Harvard students, then gradually ...

In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales. The Reality Labs unit has now accumulated ...

Meta Platforms (META) stock fell early Thursday after the company announced plans to increase its AI spending, partially as a result of higher input costs, which overshadowed another beat on the top ...

Meta plans to lay off 10% of its workforce, about 8,000 employees. The job cuts will begin May 20, and the company is scrapping plans to hire people for 6,000 open roles, according to a Thursday memo ...

Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg. Meta also will not hire for 6,000 roles that are currently open. According to an ...

Meta is planning to lay off approximately 8,000 employees and eliminate another 6,000 open roles as it seeks to reduce costs amid its massive bet on artificial intelligence. Subscribe to read this ...

Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers Meta and Microsoft are trimming their workforces by thousands as they make heavy ...

Meta META0.04%increase; green up pointing triangle Platforms reported revenue increased 33% in the first quarter—its biggest year-over-year quarterly revenue jump in nearly five years—but said it ...