Mark Zuckerberg said Meta underestimated TikTok's rise and dismissed it for not thinking it was truly social.
Meta reports earnings Wednesday afternoon. Investors will be focused on the implications of DeepSeek’s success — and on the less flashy topic of currency pressures.
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.
Meta Platforms (NASDAQ:META) is gearing up for its latest quarterly readout with the social media giant slated to release Q4 earnings today
CEO Mark Zuckerberg expects 2025 to “be the year when a highly intelligent and personalised AI assistant reaches more than 1 billion people”
Meta (META) surpassed Wall Street’s expectations with fourth-quarter earning results driven by artificial intelligence, smart glasses, and social media.
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
Meta has agreed to pay President Donald Trump $25 million (€24 million) to settle a 2021 lawsuit he filed over the suspension of his Facebook and Instagram accounts after the Jan 6th riot at the Capitol.
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
Meta CEO Mark Zuckerberg teased a "return to OG Facebook" as part of his key goals for 2025 in Wednesday's Q4 earnings call with investors. While the
This is going to be a big year,” said Meta founder and CEO Mark Zuckerberg on his newfound chumminess with the White House and host of technical AI advances.