Meta Platforms shares fell 8.6% the day after last Wednesday’s earnings report. The company is spending at least 7% more than ...
AI spending escalates: Meta plans to invest up to $145 billion in AI infrastructure in 2026, with costs growing faster than revenue. Workforce reduction: Around 8,000 staff will be cut and 6,000 open ...
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's biggest swing at creating a social network for VR is dying a quick death in June. Horizon Worlds, a platform that Meta said would be deemphasized for VR in favor of mobile earlier this year, is ...
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 ...
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 ...
A once-booming market for virtual real estate left early believers holding assets with little demand. Five years ago, tech angel investor Chris Adamo and a few friends jumped on a burgeoning trend in ...
Feature quietly removed: WhatsApp’s avatar option is disappearing from settings, sticker menus, and profile tools in a phased rollout across Android and iOS. Why it’s happening: Low engagement and ...
Meta shifts from Metaverse to AI robotics, acquiring ARI to build humanoid intelligence platforms and compete in the rapidly ...
In December of last year, apparent budget cuts at Meta’s reality labs division looked ominous for Meta’s metaverse platform, Horizon Worlds, and my Gizmodo colleague James Pero dared to suggest that ...
Add Yahoo as a preferred source to see more of our stories on Google. ABC News technology reporter Mike Dobuski explains what Meta's decision could mean for the future of the platform. March Madness ...
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