Meta Platforms Inc Class A (META)
Meta reportedly delays mixed reality glasses until 2027
Meta is developing new mixed reality glasses under the codename Phoenix, according to Business Insider — but their release date has been pushed back from the second half of 2026 to the first half of 2027.
Meta delays release of Phoenix mixed-reality glasses to 2027, Business Insider reports
Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to "get the details right," Business Insider reported on Friday, citing an internal memo.
Meta delays release of new mixed reality glasses code-named 'Phoenix' in order to 'get the details right'
Meta delays the release of its "Phoenix" mixed reality glasses to 2027, aiming to "get the details right." An internal memo cited the need for "breathing room" as the company wants a "fully polished" device.
Meta Acquires Limitless to Accelerate Work on AI-Enabled Wearables
Meta reportedly acquired Limitless, a maker of artificial intelligence-powered wearables. The acquisition was announced by Limitless in a Friday (Dec. 5) blog post and confirmed by a Meta spokesperson, CNBC reported Friday.
Meta Platforms Buys AI-Device Maker Limitless
Meta Platforms said it bought Limitless, a maker of wearable artificial-intelligence devices, a deal coming as Meta has shown increased interest in AI investment.
AI wearable company Limitless says it has been acquired by Meta
AI wearable startup Limitless said it has been acquired by Meta. Limitless CEO Dan Siroker revealed the deal on Friday in a video and blog post.
Meta Platforms Reality Labs cuts signal continued financial discipline, analysts say
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is reportedly considering cuts to its Reality Labs (RL) unit and other areas of the business, moves that Bank of America analysts believe could help the company maintain financial discipline while supporting longer-term growth initiatives. According to Bloomberg, Meta may reduce its 2026 Metaverse budget by up to 30%, primarily affecting the Quest virtual reality unit and Horizon Worlds.
Meta stock rises on report that Zuckerberg will cut up to 30% of metaverse division
Shares of Meta Platforms Inc. (META) rose on Thursday after Bloomberg reported the technology company was planning to cut spending across its division by 10%, with as much as 30% of the cuts affecting its virtual reality group, which includes the so-called metaverse.
Meta signs commercial AI data agreements with publishers to offer real-time news on Meta AI
Meta has signed commercial AI data agreements with news publishers to offer real-time global, entertainment, and breaking news on Meta AI, its AI chatbot. Now, when users ask Meta AI news-related questions, it will surface information and links that draw from different content sources to help users discover timely and relevant content, the company announced on Friday.
Meta partners with news outlets to expand AI content
Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information.
Many Hedge Funds Sold Meta Stock Last Quarter. Is That a Red Flag?
A lot of major hedge funds were quite busy ringing the register on some of the beloved big-tech stars in the third quarter.
Meta's Next Idea Could Be Bigger Than The Smartphone
Meta Platforms, Inc. remains a Strong Buy as recent 11% dip is a buying opportunity, not a warning. META's AI-driven ad business is compounding revenue growth, with Advantage+ and Reels generating $60B and $50B annual run rates, respectively. AI CapEx concerns are overblown; META funds investments from a strong cash position and robust free cash flow.
