Metas

<!-- -->Meta had suffered a rough 2022 when advertisers cut back on spendingSan Francisco: Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.Meta reported a…

Reels, Meta Platforms' answer to viral short-form video app TikTok, elicited eyerolls when it launched in 2020 and was regarded as yet another example of Meta copying a popular rival.But on Wednesday, Meta revealed numbers that show…

The powerful algorithms used by Facebook and Instagram to deliver content to users have increasingly been blamed for amplifying misinformation and political polarisation. But a series of groundbreaking studies published Thursday suggest…

A bounceback in the digital ads business has helped Meta Platforms beat market expectations with a double-digit rise in both revenue and profit in the second quarter. This and more in today’s ETtech Top 5.Also in this letter:■ Info Edge,…

Facebook and Instagram parent company Meta has reported an operating loss of $7.732 billion in its Reality Labs segment during the six months ended June 30. Reality Labs includes all of Meta's virtual reality and augmented reality hardware,…

It was in October 2021 when Facebook announced that going forward the company will be known as Meta. The name change wasn’t the only big announcement as the company signalled its intentions of making metaversea reality — a world powered by…

Meta's latest second-quarter results, which were unveiled a day after Alphabet's Google reported outstanding performance, demonstrate the resilience of both consumers and marketers amid economic uncertainties.Meta surpassed expectations,…

After a long, dark funk, the online gaming industry in India might have something to cheer for, albeit prematurely. The Goods and Services Tax (GST) Council will meet on August 2 to deliberate on legal amendments for the levy of 28% GST on…

During Meta’s second quarter earnings call with investors on Wednesday, Zuckerberg was asked multiple times about Threads and his expectations for its long-term success. He said it’s a “weird anomaly in the tech industry that there hasn’t…

Alibaba Cloud has launched the first training and deployment solution for the entire Llama2 series in China.Alibaba's cloud computing division said it has become the first Chinese enterprise to support Meta's opensource artificial…