Meta Platforms beat expectations for third-quarter profit and revenue on Wednesday, helped by a recovery in digital advertising and an aggressive austerity ...
Meta shares fell Thursday after the company offered cautious comments about the impact of the ongoing Israel-Hamas war.
Meta, the parent of Facebook and Instagram, more than doubled profits and booked record sales in the third quarter, but warned of continued macroeconomic ...
Results were helped by an unprecedented round of cost-cutting that saw the company lay off tens of thousands of workers. Read more at straitstimes.com.
โWe had a good quarter for our community and business,โ Meta chief executive Mark Zuckerberg said in an earnings release. The number of people using Facebook ...
Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and ...
Meta reduced its capital expenditure spend by around $3 billion this quarter amid a pause in data center building. Capital expenditures for Q3 2023, ...