Meta will pay President Donald Trump $25 million to settle a lawsuit over the company’s decision to “indefinitely” ban him from Facebook and Instagram in 2021, following the Jan. 6 Capitol riots.

Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.

Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.

The settlement comes four years after Mark Zuckerberg announced Trump was "indefinitely" banned from Meta's platforms following the events of Jan. 6, 2021 Chip Somodevilla/Getty Meta has agreed to pay ...

Meta achieved its best quarter since 2021, but its metaverse endeavors continue to result in substantial financial losses. Despite this, the company remains committed to the metaverse, expecting even ...

Meta is planning to raise prices for its VR devices, citing tariffs and a shift to sustainable business models for long-term ...

Meta, the parent company of Facebook and Instagram, announced that they will remove the longstanding restrictions placed on former President Trump's accounts. A Meta spokesperson confirmed to Fox News ...

Derek Saul has covered markets for the Forbes news team since 2021. Meta registered its highest-ever share price Friday, potentially completing the social media giant’s dramatic recovery amid Wall ...

Meta shares rallied Wednesday after delivering another quarterly earnings report that topped Wall Street’s expectations, extending the sizzling stock's winning streak as the company leaves its ...

Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit stemming from the social network’s decision to suspend Trump's Facebook account following the riots at the US Capitol ...