Billionaire investor Bill Ackman allegedly commits $2 billion to Meta, representing 10% of Pershing Square's portfolio as Zuckerberg pivots to AI superintelligence.

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in Burlingame and Playa Vista.

In a leaked memo obtained by BI, Meta's CTO called 2025 "the year of greatness" and the "most critical" year for the ...

Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...

Meta's CTO, Andrew Bosworth, acknowledged painful layoffs in Reality Labs, admitting metaverse growth is slower than hoped.

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

Published rendered that claimed to be based off prototype headsets point to what the Meta Quest 4 or lightweight alternative ...

Meta is dialing back its metaverse ambitions and redirecting resources toward AI-powered glasses and wearable technology, the company told FOX Business on Thursday. The shift follows reports that Meta ...

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

Meta was recently granted a patent for tech to keep your social media accounts running using AI if you take a break or die.

“Everyone has accepted the reality that the second you step outside, you waive your right to privacy.” ...