Amaze Lab on MSN
Meta’s VR bet implodes after $70B loss, costing 1,500 jobs
Meta Platforms cut 1,500 jobs from its Reality Labs division on January 14, 2026, capping a four-year drive that burned ...
The Daily Overview on MSN
Meta's $70B VR bet implodes and 1,500 workers are suddenly out of a job
Meta's multiyear push to dominate virtual reality has ended in a brutal reset. After Reality Labs piled up roughly $70 ...
Meta’s Threads has surpassed X in total active users as of January 2026, marking a major shift in the competitive landscape ...
Meta Platforms is rapidly scaling to be one of the most prominent hyperscalers by its investments in data centers. Click here ...
Meta Platforms, Inc., is a Buy after a 20% pullback: accelerating ad revenue supports AI capex, with FCF upside as spending ...
Company cutting 1,500 Reality Labs jobs as it shifts from metaverse to AI after accumulating $70B in losses since 2020.
As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 ...
Meta Platforms Inc. is laying off more than 1,000 employees, or roughly 10% of its Reality Labs division, as the tech giant ...
The consensus suggests a solid revenue increase of about 18%, positioning META for potential gains if execution remains ...
Meta Platforms, Inc. (NASDAQ:META) ranks among the best AI stocks to buy according to analysts. On December 11, Piper Sandler reiterated its Overweight rating on Meta Platforms, Inc. (NASDAQ:META) ...
Meta Platforms is an advertising juggernaut with tremendous growth potential in the AI glasses market. Micron Technology is a ...
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