By Aditya Soni March 16 (Reuters) - Meta Platforms shares rose nearly 3% on Monday after a Reuters report that the social media giant plans to lay off 20% or more of its workforce to offset heavy ...

Meta Platforms is reportedly planning to implement a new round of layoffs, which is likely to eliminate more than 20% of its ...

Nebius stock was soaring as it announced a major expansion of its cloud-computing deal with Meta Platforms.

Meta Platforms, Inc.'s upcoming foundational AI model, code-named "Avocado," has reportedly underperformed compared with systems from competitors during internal evaluations. Meta's ‘Avocado' AI Model ...

Meta is planning its largest-ever layoffs, potentially impacting over 20% of its workforce that equals to about 15,000-plus employees. This significant move is driven by soaring AI infrastructure ...

If Meta really does lay off 20% of its staff, it would represent the most significant cuts at the company since late 2022 and ...

Alex Kantrowitz, Big Technology founder, joins 'Power Lunch' to discuss Meta's AI misstep, if Meta needs to participate in AI ...

If Meta and other smart eyewear makers don't want their products known as "pervert glasses," they're going to have to do better at setting boundaries.

Alex Kantrowitz, founder of Big Technology and a CNBC contributor, delivered a pointed critique of Meta’s AI positioning this ...

Meta layoffs could cut 20% of workforce as tech giant weighs job reductions to offset rising artificial intelligence infrastructure costs.

Security experts have urged people to be cautious with the viral agentic AI tool, known for being highly capable but also ...