Facebook-turned-Meta CEO Mark Zuckerberg may impressed some of us with his latest demo of far more lifelike metaverse avatars last week. But a peek behind the scenes paints a far more troubling ...

MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...

"We expect to end 2023 as either roughly the same size or even a slightly smaller organization than we are today.” It's been a poor quarter for Facebook's parent company Meta, which reported more than ...

In a recent interview with Meta’s current CTO Andrew Bosworth on his “Boz to the Future” podcast, Carmack said that although he’s still quite “bullish” on virtual reality itself, he thinks his ...

Meta is preparing to lay off thousands of employees. This is a first since its creation. Massive losses for Meta. Meta has spent $15 billion on the Metaverse - but how? The company is not willing to ...

Mark Zuckerberg and Facebook have subtly relegated the Metaverse to the strategic back seat. The company has exhibited a welcome emphasis on cost discipline and a bloated headcount. Several valuation ...

Cleo Capital’s Sarah Kunst said in a program on CNBC last month that Meta Platforms Inc (NASDAQ:META) CEO Mark Zuckerberg’s ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When Meta recently laid off more than 11,000 employees in Nov 2022, then ...

Or, to put it the other way round, Meta has a Facebook problem. Either way, as Elon Musk takes control of Twitter, Mark Zuckerberg, the previous Emperor of Social Media, is looking distinctly ...

Palmer Luckey founded Oculus and sold it to Facebook for $2 billion in 2014. He wants the metaverse to be built, but says Facebook's current product Horizon is "not good." Still, Luckey sees the ...