Zuckerberg Promises 'Pivotal Year' For Metaverse As Reality Labs Expansion Continues
In the ongoing saga of Meta Reality Labs, losses persist as Zuckerberg is faced with a pivotal year for the metaverse.
Meta's Advertising Juggernaut Is Creating a Wide Gulf Between the Firm and Its Competitors
While the firm’s investments in AI stand to increase its capital expenditure considerably over the next few years, the firm’s advertising business remains a cash-generating machine, churning out tens ...
Zuck wants to bring the “OG Facebook” back.
During Meta’s fourth-quarter earnings call today, Mark Zuckerberg kept dropping hints about big plans for Facebook. He’s focused on making it more “culturally influential.” He even suggested that some ...
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Meta sends mixed signals as quarterly sales beat estimates but outlook muted
Meta continues to hemorrhage money at its metaverse-oriented Reality Labs unit, which beat sales expectations but still lost ...
Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for the metaverse
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta ...
Mark Zuckerberg says Meta isn’t worried about DeepSeek
I continue to think that investing very heavily in CapEx and infra is going to be a strategic advantage over time.” ...
Meta sends mixed signals as Q4 sales beat estimates but outlook muted
Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI initiatives and the company's conviction that open source AI is the right strategy ...
Meta crushes Wall Street’s profit targets as Zuckerberg dismisses DeepSeek threat
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...
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Meta’s Q4 earnings soar as CEO Zuckerberg hints at a ‘really big year’
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from ...
Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI
Meta CEO Mark Zuckerberg said in Wednesday’s earnings call that the rapid rise of new competitors from China has only bolstered the tech giant’s commitment to its AI ambitions as it spends billions on ...
Zuckerberg promises 'a pivotal year for the metaverse' as its Reality Labs division continues to bleed cash
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.” ...