Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.
The cuts affected 10% of staff as spending shifts to its AI glasses and other wearables products.
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Meta's soaring capex is front and center for analysts ahead of the social media giant's Q4 earnings
Analysts are laser-focused on Meta's AI ambitions and its surging capex spending. The company reports Q4 earnings after the ...
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
Meta could soon be the world's largest advertising business.
As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 Wall St. is here to help.
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI ...
After years of heavy spending and limited traction, Mark Zuckerberg’s bet on the metaverse appears to be nearing its end.
Meta stock jumped after Q4 earnings showed AI-driven ad growth is paying off, easing fears that Meta’s AI push will repeat its metaverse mistakes.
You can provide a way better UX than this when your app throws errors by providing your own ErrorBoundary or errorElement ...
Meta is pulling back from its once-central virtual reality ambitions, as mounting losses and weakening demand force the ...
That went well Imagine changing your popular brand to capitalize on an emerging tech trend that never emerged. Mark Zuckerberg did just that, and now Meta is backing away from the virtual reality ...
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