More than 4 million advertisers are now using the company’s generative AI offerings while Meta is working to streamline its Advantage+ ad products.
Microsoft and Meta addressed and defended their substantial investments in artificial intelligence (AI), despite recent headwinds.
Meta witnessed a 49% year-on-year growth in profit in Q4 2024; ad revenue grew 21% despite changes easing content moderation.
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Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
Meta has agreed to pay President Donald Trump $25 million (€24 million) to settle a 2021 lawsuit he filed over the suspension of his Facebook and Instagram accounts after the Jan 6th riot at the ...
Meta was able to keep 48 cents of every dollar of revenue in operating profit in the fourth quarter. The tax rate is falling.
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from ...
Meta reports record profits and revenue in 2024, driven by ad growth and plans massive AI infrastructure investment.
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also ...