Meta earned $51.2 billion in revenue, mainly advertising, but just $2.7 billion in net income thanks to a One Beautiful Bill ...
Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling speculation about a possible AI market bubble.
Meta reported robust third-quarter revenue driven by ad demand, but a $15.9 billion one-time tax charge weighed on its profit ...
AI is booting engagement across Meta's social media platforms and driving interest in Meta glasses, but it comes at the cost ...
The company raised 2025 CapEx guidance from $66–$72 billion to $70–$72 billion and expenses from $114–$118 billion to $116–$118 billion. Management's strategic focus has sharpened further on AI ...
Live Updates Live Coverage Updates appear automatically as they are published. Get The Best Meta Live Earnings Coverage Like ...
A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...
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Meta reported Q3 revenue of $51.24 billion, up 26% year-over-year
According to Meta’s third-quarter earnings released Wednesday after the Closing Bell, the company generated $51.24 billion in ...
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and ...
Shah has been an executive who has been crucial to two of Meta’s most high-profile divisions over the past decade – Instagram ...
Wes Ott covers today's top tech stories. A report suggests ads might be coming to Apple Maps; Fitbit completes an app redesign; and Meta's Threads adds a new spooky feature right in time for Halloween ...
Meta's metaverse chief Vishal Shah has been yanked from virtual reality duty and thrust into the company's do-or-die AI ...
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