Meta Platforms Inc. is facing some mega issues as it prepares to report fiscal third-quarter earnings on Wednesday afternoon. There’s plenty to sweat over, but two things stand out: A drying-up ...

Meta's core advertising business is experiencing slowing growth due to competition from TikTok. The outcome of Meta's investments in the Metaverse is uncertain and may result in losses. Meta has ...

Mark Zuckerberg and Facebook have subtly relegated the Metaverse to the strategic back seat. The company has exhibited a welcome emphasis on cost discipline and a bloated headcount. Several valuation ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When Meta recently laid off more than 11,000 employees in Nov 2022, then ...

Or, to put it the other way round, Meta has a Facebook problem. Either way, as Elon Musk takes control of Twitter, Mark Zuckerberg, the previous Emperor of Social Media, is looking distinctly ...

Meta’s return on invested capital was 25% in the third quarter, a notable drop from the previous quarter, which set a record ...

Mark Zuckerberg is squaring up to Elon Musk in the competition of which tech CEOs can blow the most billions and make their workers suffer the consequences. As The New York Times reports, on Wednesday ...

AI investments echo its metaverse-era spending with high costs and vague returns. Analysts highlight risks, drawing parallels ...

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Then, on the earnings call, Chief Executive Officer Mark Zuckerberg downplayed concerns that Meta might be over-spending on ...

Meta shares slumped more than 22% to $100.79 Thursday, slashing over $65 billion from its market cap. The Facebook parent's market value had already fallen by half-a-trillion dollars this year. The ...