Searched for
REALITY LABS LOSS
'AI won't just moderate posts, it will curate reality': Former White House AI czar David Sacks warns against govt control of AIDavid Sacks, chair of the President's Council of Advisors on Science and Technology and former White House AI and Crypto Czar, has criticiz...- SpaceX seeks a record $75 bn in stock market debutSpaceX plans a massive $75 billion share sale, valuing the company at $1.8 trillion. This move aims to fund ambitious projects like space-b...
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...
- Meta plans AI pendant, 'wearables for work' in hardware boost: ReportThe Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called "Weara...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- The AI blindspot: Layoffs are piling up, but where are the returns?Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better ...
- Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
- A 1% problem that can derail India’s factory lines as tiny screws throw big tantrumsA recent analysis highlights that stringent regulations on fasteners, a seemingly minor expense, are leading to significant production hurd...
- Meta sees daily active users decline by 20 million across FB, Instagram and WhatsApp: Here's whyMeta Platforms experienced a slight decline of 20 million daily active users across its social media platforms in Q1 CY 2026, marking a bre...
- Meta to raise Quest VR headset prices in US on rising component costsMeta Platforms is raising prices for its virtual reality headsets starting April 19 in the United States. This move is driven by increasing...
- Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
- Why Mark Zuckerberg is shutting down Meta's Horizon World five years after calling it next big thing and $80 billion investmentMeta is ending its Horizon Worlds virtual reality platform for Quest headsets. After a massive investment of $80 billion, the company is re...
- Meta stock today surges over 9% after Meta earnings beat estimates and AI spending outlook boosts investor confidenceMeta stock price: Meta stock soared after a robust earnings report and a significant increase in planned spending for artificial intelligen...
- Meta began 2026 with a sharp cut of over 1,000 Reality Labs jobs – are Facebook or Instagram affected, or is Apple and Google’s AI wearables competition responsible?Meta began 2026 with a major workforce reset, cutting over 1,000 jobs from its Reality Labs division. The layoffs, affecting nearly 10% of ...
- Facebook parent company Meta plans layoffs in Reality Labs division responsible for Ray-Ban smart glasses, wristwatchMeta is reportedly preparing to lay off approximately 10% of its Reality Labs division, impacting employees developing virtual reality head...
- Meta to slash Metaverse budget by 30%; potential layoffs loom: ReportThis is in contrast to Meta's CTO and head of Reality Labs, Andrew Bosworth, who, in January, said that 2025 would be one of the most impor...
- Meta shows strong growth as AI spending surgesFacebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artifici...
- Meta posts fastest growth since 2021; registers $11.58 billion profit for Q3Social media company Meta, formerly known as Facebook, has reported a 164% increase in net profit for Q3 2023, reaching $11.58bn. The compa...
- Tech rout widens as Meta sinks after resultsMeta was set to lose about $78 billion in market value, if losses hold to the end of the session, adding to the trillions of dollars that s...
Load More
