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Latest Breaking News On - Meta earnings - Page 7 : comparemela.com
Investors More Disgusted With Zuckerberg s Metaverse Plan: Report
Investors have expressed their ire in meetings with Meta executives, including some conferences with Mark Zuckerberg over the past week, FT reported.
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CHARTS: Meta Pumps $36B Into Metaverse, VR for Big Losses
CEO Mark Zuckerberg has made clear Meta will keep investing billions in the metaverse and VR even as losses mount and the company's stock crashes.
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Meta s fastest-growing format Reels hits $3 billion annual revenue run rate
Meta’s Q3 2022 earnings were dull on most counts, save the growth in its short-video product, Reels. Despite high engagement, Reels lags Stories and Feed in monetisation.
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Meta s revenue drops 4% to $27 71 bn amid ad slump, metaverse concerns
Revenue fell 4% to $27.71 billion from $29.01 billion, slightly higher than the $27.4 billion that analysts had predicted.
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Meta Laying Off Staff but Won t Crimp Metaverse Spending: Execs
Meta's CFO said Wednesday the company was shrinking headcount in some teams, keeping it flat in others, and hiring only for its "highest priorities."
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