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When costs grow faster than the top line, margins shrink, and less of the company's revenue growth flows through to the bottom line. And for a third consecutive quarter, Meta's costs and expenses rose ...

Meta plans to lay off around 10% of its staff next month, and it told staff it's not ruling out deeper cuts. That's what Janelle Gale, Meta's chief people officer, told employees in an internal ...

When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and ...

The European Union’s executive branch accused Meta of violating its sweeping digital rules that require technology platforms to minimize the risks of harm for users, including children and young ...

More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show. The affected workers are employed by the Dublin-based firm Covalen, which handles ...

China has sought for years to exert influence over business deals beyond its home turf. Still, its decision to press Meta Platforms Inc. to unwind a $2 billion acquisition of AI startup Manus marks a ...

In the latest big AI deal, Meta has inked a multibillion-dollar deal to use Amazon's new AWS Graviton chips, which are CPUs, not GPUs. Ajay has worked in tech journalism for over a decade as a ...

Meta plans to lay off roughly 8,000 employees, or 10% of its workforce, in a move to slash costs as the technology company pushes deeper into artificial intelligence. In an internal memo sent to ...

A new lawsuit alleges that Meta, the parent company of Facebook and Instagram, misled users about the company's efforts to prevent scams on its platforms. The Consumer Federation of America (CFA), a ...

Meta employees are fuming over a new internal tool that tracks their clicks and keystrokes — the latest flashpoint in the company’s all-in push on artificial intelligence. Staffers reacted with alarm ...

Meta is facing a new lawsuit over its advertising practices. The nonprofit group Consumer Federation of America (CFA) has filed a proposed class-action suit against Meta for "failing to protect users" ...