META generated $30B in operating cash flow in Q3 with a 40.1% operating margin. The company cut metaverse spending by up to 30% and the stock jumped 5% pre-market. Reels reached a $50B annual run rate ...

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 ...

Limitless, the AI startup formerly known as Rewind, has been acquired by Meta, the company announced Friday on its website. The company, which made an AI-powered pendant to record your conversations, ...

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for ...

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 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 ...

Apple UI design head Alan Dye is leaving the company and transitioning to Meta, reports Bloomberg. Dye took over Apple's user interface design team in 2015 when former Apple designer Jony Ive ...

'I do know better.' Actor BD Wong apologizes for racist comment Survivors of boat strike were actively continuing drug mission, admiral to tell lawmakers Keep October 1987 Black Monday crash in mind: ...

Plaintiffs allege Meta hid product risks from users and authorities Meta accused of ineffective youth safety features and prioritizing growth over safety Meta opposed unsealing of internal documents ...