Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta ...
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
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's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...
Meta Platforms, the owner of Facebook, Instagram and WhatsApp, on Wednesday reported 21% higher fourth-quarter revenue of $48 billion, slightly faster growth than the previous quarter. But the company ...
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Meta reported US$48.39 billion ($77.66 billion) in revenue for its final quarter of 2024, representing year-on-year growth of ...
The Facebook parent company surpassed Wall Street estimates with $48.4 billion in fourth quarter revenue The post Meta ...
Meta released its Q4 2024 earnings report at the close of markets today. The company’s $48.39 billion in revenue beats the ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...