Meta is accelerating its pivot away from virtual reality, just over four years after changing its name.

In 2021, Meta Platforms (NASDAQ: META) was so convinced of the potential in the metaverse that it not only invested heavily ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More It’s now two years since Facebook changed its name to Meta, ushering in a ...

After changing its name and going all-in on virtual reality, Meta is scaling back its metaverse operations. But that could be ...

WASHINGTON — Facebook is planning to soon announce a rebranding with a new name focused on "the metaverse," according to The Verge. The tech publication reported Tuesday that the move stems from the ...

OAKLAND, Calif. (AP) — Like many companies in trouble before it, Facebook is changing its name and logo. Facebook Inc. is now called Meta Platforms Inc., or Meta for short, to reflect what CEO Mark ...

Despite the losses, the company’s other endeavors pushed it to record profits in Q4 2023, with gains expected to continue through Q1 2024. When Facebook changed its name to Meta in September 2021, it ...

[Editors’ Note: This story was originally published on Oct. 26. On Oct. 28, Zuckerberg followed up on the announcement covered in this article with the news that the larger Facebook organization would ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.