Previous close | 23.60 |
Open | 23.90 |
Bid | 21.10 |
Ask | 21.35 |
Strike | 300.00 |
Expiry date | 2024-01-19 |
Day's range | 20.80 - 23.95 |
Contract range | N/A |
Volume | |
Open interest | 26.6k |
Meta (META) will lay off an unknown number of workers from its Reality Labs division, according to a Reuters report. The business segment — which is focusing on the development of the tech company's metaverse — has about 600 employees and is expected to make most cuts from the chip-making unit. Yahoo Finance Reporters Akiko Fujita and Rachelle Akuffo break down the report and discuss what this means for the company's long-term investment in the metaverse. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The company started testing these tools in May, giving access to a select group of advertisers in a "testing playground". The tools will be available in Meta's Ads Manager and their rollout will be completed next year. The rollout marks the Facebook and Instagram owner's first foray into bundling generative AI technology into its products for mining vast stores of past data to generate new content like prose, art and software code.
Let's talk about the popular Meta Platforms, Inc. ( NASDAQ:META ). The company's shares received a lot of attention...