The Latest Breaking News from Reality Labs

The company behind Facebook and Instagram has no plans to sign the proposal to temporarily ban the development of advanced A.I., the Reality Labs chief confirmed.

Only 4% of teens use VR devices daily, according to a new survey, but companies like Facebook parent Meta continue to pump money into the tech.

The Meta chief executive satisfied investors Wednesday by pledging to trim costs, but he’s still all-in on Reality Labs.

CEO Mark Zuckerberg said the metaverse remains one of the company's top priorities.

In today’s newsletter: The social media titan is having its first major wave of layoffs since it began in 2004 – and it’s not the only tech company facing problems.

Company thought rise in online activity would last, rivals stole its users, and metaverse was too uncertain for shareholders

The worsening economy and sky-high losses add to concerns about Disney’s ability to make money off streaming.

Researchers are sounding alarms about disinformation ahead of Tuesday’s midterms, but social media consumers are voting with their eyes.

The Facebook and Instagram can cut costs without undermining its core metaverse ambitions.

Tigress Financial Partners is aware of Meta Platforms Inc.'s (NASDAQ:META) ongoing ad-revenue headwinds as a result of economic uncertainty, as well as a recent change in Apple Inc.'s privacy rules, but the firm sees deep value in the company.What Happened: Tigress Director of Research Ivan Feinseth said a note to…