Meta

Meta
Zuckerberg: Social Media Is Meta’s Primary Focus
November 30, 2022

The company that rebranded from Facebook to Meta is still focused on social media.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Meta
FTC and Meta Spar in Antitrust Case Over Acquisition of VR Developer
November 22, 2022

In a suit that aims to block Meta Platforms’ acquisition of virtual reality fitness app developer Within Unlimited, the Federal Trade Commission (FTC) reportedly said Meta stopped its plans to build such an app itself — thereby stifling competition — while Meta said it never...

Meta
Meta Kills Portal Hardware Business
November 13, 2022

Meta Platforms reportedly plans to end its Portal smart display and its smartwatch projects as it focuses on core businesses in the wake of sweeping job cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Meta
Meta Invests in Metaverse Plans Amid Sweeping Layoffs
November 09, 2022

In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Meta
Zuckerberg Takes Responsibility for Upcoming Meta Staff Cuts
November 08, 2022

Social media and metaverse company Meta will join the growing list of tech companies making large employee layoffs on Wednesday (Nov. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Meta
Meta Reportedly Preparing to Lay Off Thousands
November 06, 2022

Facebook owner Meta is reportedly set to begin massive layoffs this week, a first at that scale in the company’s history and the latest in a spate of job cuts in the tech sector. Get the Full Story Complete the form to unlock this article...

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Meta to Match Recurring Payment Charity Donations
November 02, 2022

With Giving Tuesday just around the corner, Meta has announced the company’s plans for matching recurring donations on its social media platforms for the holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Meta
One Year In and Meta’s Mega Bet Meets Stark Reality
October 28, 2022

A year old and Meta — formerly Facebook — looks to need a reset from its rebrand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Meta
Zuckerberg Doubles-Down on Costly Metaverse Bet as Stock Slumps to 7-Year Low
October 26, 2022

Another quarter, another huge earnings miss, another massive profit slide, and another nearly 20% drop in Meta’s share price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...