Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports ...

Meta is scaling back its metaverse spending and redirecting resources toward AI-powered glasses and wearable devices.

Mark Zuckerberg's private concession that the metaverse 'isn't working' follows more than $70bn in losses and triggers a ...

Meta is in the midst of a company-wide shakeup, pulling back from metaverse-focused projects to fund AI glasses and wearable ...

Meta has struck several commercial AI data agreements with news publishers including USA Today, People Inc, CNN, Fox News, ...

Obi-Wan Kenobi introduced the world to the “Jedi mind trick” early on in the Star Wars saga when he assured weak-minded Storm ...

Jim Cramer, the host of Mad Money, said on Thursday that several high-flying tech names have recently “stalled.” ...

A rally that put the stock market within a striking distance of its all-time highs struggled to gain a whole lot of traction ...

A significant strategic shift is underway at Meta Platforms, Inc. The company is visibly accelerating its artificial intelligence initiatives, marking a grad ...

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has ...

Company insiders told Bloomberg last week that Mark Zuckerberg is planning to slash its metaverse budget by 30% next year in ...