In recent days, Meta Platforms has outlined heavier spending on artificial intelligence, a planned cut of up to 30% in ...
Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut. Shares fell by more than 11% on Oct. 30 in reaction to those results, ...
Meta (META) is reportedly set to make cuts to its metaverse efforts as the company continues to push deeper into the AI space. CEO Mark Zuckerberg is looking to reduce the budget for the metaverse ...
In 2021, Mark Zuckerberg recast Facebook as Meta and declared the metaverse—a digital realm where people would work, socialize, and spend much of their lives—the company’s next great frontier. He ...
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...
Mark Zuckerberg bet tens of billions of dollars on the “metaverse” only to be mocked for the idea of an immersive virtual-reality social network at every turn. When all is said and done, his promise ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Thomas: Facebook parent Meta has been having trouble getting users on to its ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
In October 2021, Facebook CEO Mark Zuckerberg sent his trillion-dollar social media company into a new direction. Facebook changed its name to Meta and Zuckerberg set his sights on a new horizon, the ...
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