Meta is preparing one of its most dramatic restructurings since it rebranded from Facebook, with plans to cut about 1,500 employees from its Reality Labs division while Mark Zuckerberg pours more ...

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Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...

Meta Reality Labs has long been a losing sector of Facebook’s business, and that hasn’t changed in the company’s latest quarter. Reality Labs lost $4.62 billion in Q2 2026, which was more than the ...

Reality Labs continues to bleed cash, though its loss in the second quarter was narrower than expected. The unit builds virtual reality and wearable devices powered by AI. In this article Meta's ...

Meta Platforms (NASDAQ: META) is undoubtedly one of the world’s most important technology companies. Due to its position as one of the Magnificent Seven stocks, it is constantly under a microscope.

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

You're currently following this author! Click to unsubscribe from email alerts. Meta laid off an undisclosed number of employees in Reality Labs, its hardware and virtual reality division, this week ...

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Meta Platforms Inc. is reportedly planning to cut about 10% of employees at its Reality Labs division as the company shifts its priorities to artificial intelligence. The New York Times, referencing ...

One of my best calls over the last few years has undoubtedly been Facebook parent Meta Platforms, Inc. (META). Way back in October of 2022, I ended up surprising myself when I rated it a ‘strong buy.’ ...