Meta Reports A Record-High Advertising Revenue in 2023: Reality Labs Losses Exceed $16 Billion

Meta Platforms, Inc. (Nasdaq: META) recently unveiled its financial results for the full year ended December 31, 2023. The tech giant reported an impressive 15.7% YoY growth in its operating revenue, reaching an all-time high of $134.9 billion worldwide....

Meta Q3 2023 Earnings: A 164% YoY Surge in Net Profit and Resurgence of the Advertising Business

Meta Platforms, Inc. (Nasdaq: META) has unveiled its financial results for the third quarter ended September 30, 2023, and the numbers portray a remarkable performance. Meta’s global revenue in Q3 2023 increased 23.2% YoY to a record high of $34.15 billion. This trend...

Happy Birthday Sheryl Sandberg: Thanks For Making Facebook So Awesome!

Sheryl Kara Sandberg, a prominent figure in the tech industry, is a visionary leader known for her instrumental role in shaping the success of two billion-dollar companies, Google Inc. (NASDAQ:GOOGL) and Meta Platforms, Inc. (NASDAQ: META). With a remarkable...

Meta Q2 2023 Earnings: Double-Digit Ad Revenue Growth is Back, But Reality Labs Continue To Make Hole In Pocket

Meta Platforms, Inc. (Nasdaq: META) recently revealed its financial results for the second quarter ended June 30, 2023, and the numbers portray a notable upturn in its performance. The company's overall performance showed a noticeable improvement, with decent revenue...

Meta’s Threads: An Emerging Threat to Twitter’s Dominance?

Meta has finally launched Threads, a text-based social media platform. It is currently available on the Apple App Store and Google Play Store. Interestingly, Threads passed 5 million sign-ups within the first four hours of its public launch, reveals...

India Welcomes Meta Verified: Get Blue Tick on Facebook and Instagram Now

Unleashing a wave of excitement, Meta Platforms, Inc (NASDAQ: META) has opened the waiting list for Meta Verified to all Indian users. This means that any individual in India who meets the necessary criteria and has an Instagram or...

Another massive layoff at Meta raises concerns about the company’s future!

The technology industry has been going through a tough phase due to the massive layoffs in the last six months. This shows no signs of abating. Meta Platforms, Inc. (NASDAQ: META), the parent company of Facebook, is reportedly planning...

Meta Verified: The paid account verification like Twitter proves Musk is right about Twitter’s sustainable future

Meta Platforms, Inc (NASDAQ: META), previously known as Facebook, is introducing a new subscription service called Meta Verified, following the recent relaunch of Twitter Blue service. The new service aims to help emerging creators grow their presence and community...

Despite disappointing Meta Q4 2022 earnings results, Mark Zuckerberg had the last laugh

2022 had been a tough year for the social media industry, especially the fourth quarter. This might be the reason investors and industry analysts weren't overly surprised by Meta Platforms, Inc. (NASDAQ: META) Q4 2022 earnings results. Meta revenue...

Facebook cracked down 1.5 billion fake accounts, 1.4 billion spam content in Q3 2022 [REPORT]

Meta Platforms, Inc. (NASDAQ: META) recently released the "Community Standards Enforcement Report" for Q3 2022, revealing some jaw-dropping data about the necessary actions taken against content and accounts that violated the policies of Facebook and Instagram. It is important...
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Paytm App Downloads and User Engagement Take a Nosedive Post RBI Measures

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct...
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