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Meta needs its advertising business, which makes up 98% of the company’s revenue, to continue growing in order to fund an expensive expansion in artificial intelligence. So far, ...
Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
Meta Platforms Inc. posted first-quarter sales that beat Wall Street estimates, a sign that the company’s advertising ...
Conservative activist Robby Starbuck has filed a defamation lawsuit against Meta, claiming that its AI chatbot made false statements, including his involvement in the January 6 Capitol riot. Starbuck ...
Meta CEO Mark Zuckerberg seems prepared to spend massive sums of money building infrastructure to win the AI race.
Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks ...
The Silicon Valley company made the revenue projection as it reported a 35 percent rise in profit in the first quarter.
Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy ...
Meta Platforms on Wednesday reported first-quarter revenue of $42.3 billion, up 16% from a year earlier, on the strength of its digital advertising business. That was higher than its own forecast of ...
META reported capital expenditures of $13.69 billion for its Q1 2025 earnings. This number is set to increase as it invests ...
THE DAY OF AI SUMMIT WAS HELD HERE AT THE NEW HAMPSHIRE TECHNICAL INSTITUTE. EARLIER TODAY, SCHOOL LEADERS FROM ACROSS THE ...
Conservative activist Robby Starbuck is suing Facebook's parent company, Meta, over defamation from its AI chatbot.
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