Hundreds set to be laid off from Meta's Reality Labs division

As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off ...

Meta cuts hundreds of California jobs in pivot from metaverse to AI

Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in ...

Meta to stop selling Quest headsets to businesses, discontinue multiple VR features

The first VR service that Meta will shut down is called Horizon Workrooms. Introduced in 2021, it provides a virtual ...

Wall Street has fallen out of love with software stocks

Declines show how quickly sentiment can shift as money pours into the next hot investment.
Entrepreneur

Meta Is Hiring Entry-Level Workers — and Most Salaries Start Above $200,000

Meta has a spate of entry-level positions open that start around $200,000. The tech giant has been leading the high-salary AI charge, notably poaching employees from Apple and OpenAI. One entry-level ...

Meta & EssilorLuxottica Sued Over Smart Glasses Patent Infringement

Meta Platforms Inc., and Ray-Ban Meta smart glasses and its partner EssilorLuxottica SA are facing a major patent ...

Meta is closing 3 VR studios and laying off roughly 10% of Reality Labs as it shifts focus from the metaverse to AI wearables, its next sure-fire, can't-miss idea

Meta will also close three VR development studios as part of the cuts: Resident Evil 4 VR developer Armature Studios, ...

Ex-Meta principal engineer shares 4 strategies to avoid being an underperformer

Adrien Friggeri worked at Meta for over 10 years. He shared four strategies to avoid being a low performer across the tech ...
Insider Monkey

Meta Platforms, Inc. (META) Bolsters AI Glasses with new Software Update for Noise Reduction

Meta Platforms, Inc. (NASDAQ:META) is one of the best forever stocks to buy according to hedge funds. On December 16, Meta Platforms, Inc. (NASDAQ:META) confirmed a new software update for its AI ...