Meta (META) is reportedly set to make cuts to its metaverse efforts as the company continues to push deeper into the AI space. CEO Mark Zuckerberg is looking to reduce the budget for the metaverse ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon building the metaverse. By Mike Isaac Reporting from San Francisco. Meta is ...

Meta plans to cut its budget by up to 30% in its Reality Labs metaverse division. It's considering job cuts as part of that move, leaving employees uncertain. The cuts may impact Horizon Worlds and ...

Meta’s new Chief AI Officer Alexandr Wang is an advocate of closed models, according to the people. Meta’s strategy shifted dramatically earlier this year after the company released Llama 4, an ...

Reality Labs division has burned over $60 billion since 2020 The company has committed as much as $72 billion in capital spending this year Meta shares rise 4% Dec 4 (Reuters) - Meta (META.O), opens ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Lakshmi Varanasi Every time Lakshmi publishes a story, you’ll get an alert straight to your ...

After exposing the harms of Big Tech, many whistleblowers say, they faced poor job prospects and isolation in Silicon Valley. They have no regrets.

In a rural pocket of northeastern Louisiana, Meta is building a $30 billion data center called Hyperion. The project highlights an opaque system of financing that's fueling fears of an AI bubble. Meta ...

The producer sat down for a sprawling conversation and mentoring session as part of Instagram's Ask It Anyway series. By Katie Bain Fred again.. rarely does interviews, but he recently sat down for a ...

No, Meta Won't Read Your IG or Facebook DMs. Here's What's Actually Changing A privacy policy change scheduled for Dec. 16 has been misinterpreted by some to mean that Meta will be poking around your ...