His comments seemed to hint at further layoffs at the owner of Facebook, Instagram and WhatsApp.

During a call with financial analysts on Wednesday to discuss the Facebook-owner's 2025 financial results, the company said it expects to spend up to $135bn (£97bn) this year, mostly on infrastructure ...

Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 ...

Meta has announced a significant increase in capital expenditure to bolster its AI infrastructure, aiming for ...

Meta will cut 10% of employees in its Reality Labs division.

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI ...

After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ...

Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant shifts its focus from metaverse projects to AI-powered wearables. The cuts, ...

This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Like a helicopter too heavy for lift off, tech companies are ...

Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...