Social media and metaverse company Meta will join the growing list of tech companies making large employee layoffs on Wednesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in a spate of job cuts in the tech sector. Get the Full Story Complete the form to unlock this article...
With Giving Tuesday just around the corner, Meta has announced the company’s plans for matching recurring donations on its social media platforms for the holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A year old and Meta — formerly Facebook — looks to need a reset from its rebrand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Meta must slash its spending and public focus on the metaverse if it is to “get its mojo back” and stop its sliding share price, a major shareholder said Monday (Oct. 24). Get the Full Story Complete the form to unlock this article and enjoy...
Meta is having some trouble selling its metaverse concept, facing headwinds including glitches, uninterested users and not much clarity on what it will take to succeed, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Meta has asked a judge to turn down a U.S. Federal Trade Commission attempt to block the company’s acquisition of Within Unlimited, a virtual reality app, saying concerns about competitions are only speculative, Bloomberg wrote. Get the Full Story Complete the form to unlock this...
Meta CEO Mark Zuckerberg has gotten a lot of flak in the year since he announced the corporate rebranding by saying, “From now on, we’re going to be metaverse first, not Facebook first.” Get the Full Story Complete the form to unlock this article and...