Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before a hefty tax charge.
Meta earned $51.2 billion in revenue, mainly advertising, but just $2.7 billion in net income thanks to a One Beautiful Bill ...
Meta Platforms, Inc.'s has strong revenue growth and user base, but heavy AI and VR investments raise risks. Click to see if ...
MENLO PARK, Calif. -- For those who don't think Zoom meetings are a good enough substitute for the real thing, Facebook has another idea: a virtual reality app that lets you and your coworkers feel ...
Sen. Marsha Blackburn has demanded Meta boss Mark Zuckerberg respond to whistleblower accusations that the tech giant “willfully” and “intentionally” pushed virtual reality products that “they knew” ...
Quarterly revenues topped $50 billion for the first time, but a coming increase in spending is impacting the stock ...
Mark Zuckerberg made a surprise appearance at Samsung’s Galaxy Unpacked Event at MWC in Barcelona to talk about virtual reality and 360 videos. He revealed that the Oculus Store now boasts more than ...
Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's ...