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Meta's Reality Labs COO Dan Reed steps down after 11 years amid restructuring. The division faces pressure over $60 billion ...
The trends are impressive. In 2024, Meta's annual revenue surged 22%, and record earnings per share (EPS) of $23.86 marked a 60% increase. Beyond the current stock market turbulence, all indications ...
Meta leadership hopes to streamline similar work ... spokesperson Tracy Clayton said in an emailed statement. “These changes are meant to help Studios work more efficiently on future mixed ...
CEO Sam Altman will shift his focus to AGI research, compute and safety as OpenAI enters "a next phase of growth." ...
Meta is implementing layoffs in its Reality Labs division, impacting Oculus Studios and the VR fitness app Supernatural, acquired in 2023. This restructuring aims to improve efficiency and ...
Meta’s Oversight Board is calling on the company to evaluate how recent changes to its content moderation policies could impact the human rights of some users, including those in the LGBTQ ...
Meta's Oversight Board has deemed Meta was right to leave up two videos reported for hate speech and harassment, though it recommends changes for the company. The decision follows revisions Meta ...