Meta has shifted away from pitching the metaverse to advertisers, The Information reported. In pitch meetings, the company has reportedly been prioritizing Reels and AI tools. The move comes as the ...

Instagram Reels started life as a defensive move against TikTok, but it has quickly become one of the most lucrative products ...

2022 was a no good, very bad year for Meta’s stock. It was the year that Meta reported its first-ever revenue decline – yet shares soared by more than 30% in after-hours trading on Wednesday following ...

Meta Platforms (formerly Facebook) has experienced a strong comeback in 2023, driven by strong growth in ad revenue powered by Reels. The increasing popularity of Instagram among the younger ...

Meta has laid off nearly 1,500 employees from its Reality Labs division as it pivots away from metaverse investments and ...