Meta, the parent company of Facebook, will conduct 'performance terminations' this week and cut roughly 5% of its staff.
The social media giant has said it's taking a tougher stance on underperforming employees.
Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned.
Microsoft will discontinue support for HoloLens 2 starting 2027, and the company will be focusing on other technologies.
Meta Platforms helped push indexes higher after rising 1.6% ... Keeping indexes in check was Microsoft, which fell 6.2%. The Redmond, Washington-based software giant topped analysts’ expectations for ...
Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies.
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