Meta was able to keep 48 cents of every dollar of revenue in operating profit in the fourth quarter. The tax rate is falling.
Meta continues to hemorrhage money at its metaverse-oriented Reality Labs unit, which beat sales expectations but still lost ...
Meta exceeded Wall Street's expectations with its fourth-quarter revenue, reporting USD 48.4 billion compared to the forecasted USD 47 billion. However, its guidance for the first quarter of 2025, ...
On the political landscape, tech made the biggest pivot. Amid threats of heavy regulation and even being broken up under Biden, Silicon Valley has embraced Donald Trump’s administration. The likes of ...
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also ...
Meta Platforms stock (NASDAQ:META) had ticked up less than 1% after a somewhat delayed release to its Q4 earnings, but it ...
Comcast launches ultra-low lag internet in partnership with Meta, NVIDIA, and Valve, revolutionizing online gaming and ...
Esports revenue includes media rights, ticket sales, sponsorship and advertising deals, but the entire gaming industry ...
At Meta, the metaverse will take a backseat to $65 billion in AI spending. Microsoft plans to on AI-enabled data centers in ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Mark Zuckerberg' Meta assembled several"war rooms" of engineers, as The Information reports, in an attempt to get ahead of ...