Meta earns revenue by selling ad space on platforms like Facebook and Instagram and is expanding into the metaverse with virtual reality products.

Facebook-turned-Meta’s multibillion dollar metaverse project has a serious user retention problem. Internal Meta documents obtained by the Wall Street Journal have revealed that most Horizon Worlds ...

Meta-formerly-Facebook CEO Mark Zuckerberg is doubling down on his vision of the metaverse, a VR-based playground that hasn’t made much headway in justifying its own existence so far. Among its many ...

Vishal Shah, previously leading Meta's metaverse initiatives, is now heading its AI product management division following a significant layoff in the company's AI department.

“Metaverse” is one of the most confused, least understood concepts being thrown around today. So, it’s only fitting that the latest earnings report from the Meta Platforms (NASDAQ:FB) formerly known ...

"We expect to end 2023 as either roughly the same size or even a slightly smaller organization than we are today.” It's been a poor quarter for Facebook's parent company Meta, which reported more than ...

Meta enlists a slew of K-pop artists for a series of metaverse concerts to vie with virtual concerts in games like Fortnite ...

Mark Zuckerberg and Facebook have subtly relegated the Metaverse to the strategic back seat. The company has exhibited a welcome emphasis on cost discipline and a bloated headcount. Several valuation ...

MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...

Meta is preparing to lay off thousands of employees. This is a first since its creation. Massive losses for Meta. Meta has spent $15 billion on the Metaverse - but how? The company is not willing to ...

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