Meta earnings

Facebook parent Meta posts higher profit, revenue | Photo Credit: AP Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a…

Meta shares surged nearly 10 per cent on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy. The Facebook owner was set…

Mark Zuckerberg's wealth increased by over $10 billion on Thursday, his third-biggest jump on record, after Facebook parent company Meta Platforms Inc. recorded a small uptick in its revenues in the first quarter of 2023. Meta's revenue in…

Meta Platforms Inc shares rose nearly 20% in premarket trade after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion.The company was set to add around $75 billion to…

Elon Musk now calls himself ‘Chief Twit’ on Twitter. On Wednesday, the Tesla and SpaceX boss sauntered into the microblogging platform’s San Francisco headquarters, armed with a sink. “Entering Twitter HQ — let that sink in!” he tweeted…

Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year, sending shares down more than 20 per cent as investors voiced skepticism about the company’s pricey metaverse…

A year ago, Mark Zuckerberg changed Facebook's name to Meta and said he was going all in on the immersive digital world of the so-called metaverse. Since then, Meta has plowed billions of dollars into, and restructured itself around, the…

Chennai: Facebook parent Meta on Thursday said it was a "really critical" time for regulations in the technology industry as the rules governing the internet are being rethought and rewritten, not just in Europe but increasingly around the…

Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours…

Since October, Facebook has renamed the company, articulated a vision of the internet where people can digitally connect through virtual-reality avatars or teleport to see places like ancient Rome, and helped trigger the…