The tech industry has been forced to let go of a large number of employees in recent months due to a decrease in investor confidence and a rise in borrowing costs.

Meta Platforms Inc.'s recent rally has failed to convince some skeptics, given how much money the company continues to pour into building its version of the metaverse.

Roman Abramovich was in his element as he mingled with guests at his lavish party.

Mark Zuckerberg's bet on virtual reality is no closer to paying off, over a year after he changed his company's name to Meta and committed to spending billions of dollars on developing the metaverse.

Meta Platforms Inc. has agreed to pay $725 million to settle a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica.