Mark Zuckerberg and Priscilla Chan's philanthropy organization did not fund FWD.us in 2025. Zuckerberg cofounded the ...

Mark Zuckerberg has formally cut ties with the pro-immigration group he helped launch more than a decade ago as his ...

Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious virtual reality vision aft ...

Five years later, that bet has become one of the most expensive misadventures in tech. Meta’s Reality Labs division has racked up more than $70 billion in losses since 2021, according to Bloomberg, ...

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...

The metaverse simply hasn't panned out. Markets are becoming more optimistic on Meta Platform's future as it ponders big cuts ...

Sen. Bernie Sanders slammed soaring billionaire wealth as new Bank of America data shows many lower-income Americans still struggling with stagnant wages, persistent inflation and a widening economic ...

The world's richest billionaire is a whopping £109bn better off in 2025 than he was in 2024, despite a slew of controversies ...

Meta is looking to cut its metaverse spending by as much as 30% next year. Could it work wonders for the stock as the "year ...

In November 2022, Meta said it was laying off 11,000 employees, or 13% of its workforce, a move that helped kick off a ...

Citing people familiar with the discussions, Bloomberg reported on Dec. 4 that the budget cut can be up to 30%. Executives at the tech giant are reviewing plans that could reduce Reality Labs’ 2026 ...

Meta's metaverse was doomed from the very start. Is Mark Zuckerberg now putting virtual worlds out of their misery?