The Supreme Court of India has strongly criticized WhatsApp's 2021 privacy policy, which allows data sharing with Meta ...
Although Meta is making a sizable reduction to the headcount in its Reality Labs division, the company hasn't given up on the ...
The Supreme Court was hearing appeals filed by Meta and WhatsApp challenging the NCLAT judgment that upheld the Rs 213 crore ...
Meta stock climbed after Bloomberg reported that the company was looking to make cuts to the metaverse unit. The budget cuts could be as high as 30% for the unit and would likely include layoffs, the ...
The court flagged the unavailability of a clear option for a user of the messaging platform to opt out of the privacy policy.
A Bench led by Chief Justice Surya Kant is hearing challenges to the National Company Law Appellate Tribunal (NCLAT) order ...
As the company was disclosing its $17.1B in quarterly R&D spending, Meta also revealed Q4 revenue of $59.9B and net income of ...
Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs. Facebook changed its name in October 2021 to Meta Platforms to better capture the ...
Meta Platforms (META) trades at 21x P/E, 36% below hyperscaler peers at 33x despite 368% stock gains over three years. Meta derives 97.7% of revenue from advertising. Reality Labs has accumulated ...
Meta is reportedly considering slashing spending on its metaverse division. Meta’s metaverse division works on the company’s vision for a shared, immersive digital universe where people can socialize, ...