Facebook parent firm Meta Platforms stated Friday that it will be implementing another round of layoffs, this time targeting ...

In a leaked memo seen by BI, Meta's CTO said 2025 is crucial for the metaverse's success or failure. Andrew Bosworth said Meta needed to "drive sales, retention, and engagement" for mixed reality.

Even with Meta’s deep pockets, there’s only so much cash it can burn—something Bosworth made clear in his memo. He called out ...

The market remains unfazed by META's ongoing cash burn in Reality Labs, with the stock escaping unscathed during the recent ...

Meta chief technology officer Andrew "Boz" Bosworth said in an internal memo shared with Business Insider that the company's ...

News of the cutbacks follows the recent announcement that META was dropping ... of increasing the company’s large investments in the Metaverse. The metaverse is still being developed, but ...

Mark Rabkin is leaving Meta and transferring power to Ryan Cairns who previously headed up Portal and Meta for Work ...

The new year has brought about new hype in the Metaverse. While the concept first gained momentum around the time of the pandemic it slowly lost the excited edge as Meta’s Horizon failed to ...

Meta's chief technology officer thinks 2025 could be a make-or-break year for the company's metaverse bets, Business Insider has learned. Andrew "Boz" Bosworth told staff that this year is the ...