"That must have changed both the internal topology and the feeling of the company." Seasoned Meta employees take bold stance ...
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an ...
An us-versus-them mentality has emerged between Meta’s top artificial intelligence team and longtime lieutenants to Mark ...
Meta Platforms appears to be scaling back one of the boldest and costliest ambitions in the tech sector with reports ...
Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.
The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...
Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...
A key player in the alleged conflict is Alexandr Wang, the 28-year-old founder of Scale AI who joined Meta after it paid $15 ...
Meta's elite AI team faces immense pressure to deliver competitive products, especially with the upcoming 'Avocado' model.
Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.
The metaverse simply hasn't panned out. Markets are becoming more optimistic on Meta Platform's future as it ponders big cuts ...