The Story
News Summary
- Meta laid off 10% of Reality Labs staff, shifting focus from metaverse to AI and wearables.
- The company announced Meta Compute AI initiative and appointed Dina Powell McCormick as President, reflecting a strategic pivot amid heavy losses and competitive pressure.
Explore META price history & advisor snapshot
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Stored market data
META price history
665.27
+5.27% over the displayed period
Advisor Snapshot
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