The Latest Breaking News from metaverse

The company founder said he takes responsibility for the decision to lay off 11,000 staff. That’s not much of a concession.

Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to c

Company thought rise in online activity would last, rivals stole its users, and metaverse was too uncertain for shareholders

As new buzzwords like ‘metaverse’ take over the internet, consumer trends expert Matt Hay on why its less sexy counterpart will probably outlast them all

"I want to take accountability for these decisions and for how we got here," said CEO Mark Zuckerberg.

Whether it is the fallout from an anti-Semitism scandal or a lack of enthusiasm for football’s most important tournament, Bjørn Gulden has a lot of balls he will have to juggle to bring Adidas back on track.

Researchers are sounding alarms about disinformation ahead of Tuesday’s midterms, but social media consumers are voting with their eyes.

Adidas executives, Mark Zuckerberg, and Elon Musk have one thing in common: they behave like an ostrich–and so do you, according to behavioral science.

Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Facebook parent Meta in October forecasted a weak holiday quarter and…

The Facebook and Instagram can cut costs without undermining its core metaverse ambitions.

Meta Platforms could unveil the biggest job cuts in its 18-year history later this week, the Wall Street Journal reported Sunday.