"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.

Meta Platforms is expected to make budget cuts of up to 30% for its metaverse initiative, Bloomberg News reported Thursday, citing people familiar with the discussion. The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed with billions of dollars,

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading higher, Meta CEO and co-founder Mark Zuckerberg also saw his wealth soar, potentially at the expense of some of his company's employees.

According to Instagram’s leadership, this new decision is based on the belief that the company performs better when teams are physically together.

Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.

Mark Zuckerberg’s Instagram is requiring all of its US-based employees to return to the office five days per week, a company spokesperson confirmed on Tuesday. The five-day requirement takes effect on Feb.

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to poach its talent.

Meta is reportedly slashing its Metaverse budget by up to 30% for 2026, signaling a potential shift away from its ambitious virtual reality vision after incurring over $70 billion in losses. This move comes as the company doubles down on artificial intelligence,