Meta plans to lay off around 10% of its staff next month, and it told staff it's not ruling out deeper cuts. That's what Janelle Gale, Meta's chief people officer, told employees in an internal ...
Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates. The company said that "internet disruptions in Iran" weighed on user growth. Meta said ...
In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales. The Reality Labs unit has now accumulated ...
Tech giant Meta is threatening to cut off access to its social media platforms in New Mexico as a response to the state's legal effort to compel changes to child safety protocols on the platform. Meta ...
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Meta's fourth-quarter growth was impressive, but management's outlook for Q1 was even more notable. Management guided for first-quarter revenue of $53.5 billion to $56.5 billion. The midpoint of this ...
Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We acquired Assured Robot Intelligence, a company at the frontier of ...
More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show. The affected workers are employed by the Dublin-based firm Covalen, which handles ...
Zuckerberg is also planning to spend $10 billion more on AI this year than previously expected. Zuckerberg is also planning to spend $10 billion more on AI this year than previously expected. is a ...
Meta (META) posted Q4 revenue of $59.89B (+23.78% YoY) and EPS of $8.88 beating expectations, but guided 2026 capex to $115B-$135B versus $72.22B in 2025 for AI infrastructure. Wall Street is ...
Yesterday, two of the biggest tech giants in the AI boom reported their latest earnings. Google parent company Alphabet Inc. (Nasdaq: GOOG) and Facebook owner Meta Platforms, Inc. (Nasdaq: META) ...
European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law. By Adam Satariano Reporting from London ...