After years of failing to produce a profitable augmented reality platform, Mark Zuckerberg’s Meta is pounding one of the final nails into the coffin of its metaverse efforts — the ones that were once ...

Meta Inc. is beginning to cut 10% of employees, or more than 1,000 jobs, from its Reality Labs division as it shifts its investment away from metaverse products. "We said last month that we were ...

Meta Platforms, Inc. remains a Buy despite the recent 20% pullback and concerns over heavy capex spending. FY25 capex guidance was raised to $70–$72 billion, with even larger dollar growth expected in ...

Meta, the parent company of Facebook, made major cuts to its workforce on Tuesday, including an estimated 10% of employees in its Reality Labs division, which is said to affect more than 1,000 workers ...

Meta META10.40%increase; green up pointing triangle Platforms is going all-in on building out AI infrastructure. The company on Monday created a new “top-level initiative” led by top executives to ...

Meta has landed one of Wall Street’s most connected dealmakers. Dina Powell McCormick, the former Goldman Sachs executive with deep ties to large pools of capital, and leaders around the world, who ...

Meta is planning to lay off around 10% of the employees in its Reality Labs division, The New York Times reported Monday. The division — which employs roughly 15,000 people — has a strong presence in ...

Meta will finance Oklo’s purchase of uranium for its reactors. It’s a massive vote of confidence for both the startup and nuclear power, but challenges remain. There are two ways for tech companies to ...

Meta, the parent company of Facebook and Instagram, announced deals Friday with three nuclear energy companies to help power its AI infrastructure, including the tech giant’s forthcoming Prometheus ...

Meta Platforms Inc. agreed to a series of electricity deals to power data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. The agreements could end up totaling ...

Meta said it has secured agreements with energy companies Vistra, TerraPower and Oklo, which are working on nuclear power technologies. They're planning to work together to eventually power Meta's ...

Meta is now a Strong Buy, with the recent stock decline offering an attractive entry point. META’s pivot to Generative AI and wearable AR, away from the Metaverse, is driving superior ad monetization ...