Showing posts with tag "facebook"

Meta falls as sales miss estimates in first-ever quarterly drop

Meta Platforms Inc, the social media giant that includes Facebook and Instagram, reported its first-ever quarterly sales decline, citing advertisers’ shrinking budgets.

Alphabet, Microsoft spur hope big tech can handle slow economy

Alphabet Inc, Microsoft Corp and Texas Instruments Inc posted double-digit quarterly revenue growth on Tuesday and expressed optimism about the coming months, reassuring investors who had been fret...

Facebook is changing the way it shows users posts and videos – to keep them on the app longer

Facebook parent Meta Platforms is changing the way it shows users posts and videos on its flagship social network, part of an effort to get people to watch content from accounts they don’t already ...

Meta has lost half its value this year, giving many a chance to own shares

For years, investors valued Facebook’s parent company as if its growth would never falter. Now that it has, fund managers who buy cheap, out-of-favor stocks are finally getting a chance to own shar...

Meta working on other devices for the wrist

Facebook parent company Meta Platforms Inc has halted the development of a smartwatch with dual cameras and is instead working on other devices for the wrist, according to a person with knowledge o...

Meta suit claims its algorithms lure young people into destructive addiction

Meta Platforms Inc is now a leader in another social media trend – lawsuits claiming the company built algorithms in its platforms that lure young people into a destructive addiction.