Across Wall Street, analysts adopted a jovial response after Bloomberg News reported that Meta plans to make cuts to its metaverse unit. Meta's stock climbed 5% on Thursday following Bloomberg's report, which said that executives are considering budget cuts as high as 30% for the unit, citing people familiar with the talks. The cuts would...

Meta's new partners include USA Today, People Inc., CNN, Fox News, The Daily Caller, Washington Examiner and Le Monde. 

Tech giant Meta is reportedly looking to make cuts in its Reality Labs metaverse division, the home of the Quest VR headest and the Horizon Worlds platform. That's according to Bloomberg, which reports that execs at the company are eying up budget reductions of as much as 30% during 2026. Layoffs might be take place...