Facebook Parent Meta’s Earnings Beat Market Expectations As Ads Revive

[ad_1] Meta had suffered a rough 2022 when advertisers cut back on spending San Francisco: Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business. Meta reported a profit of $7.8 billion on $32 billion in revenue during the recently ended quarter, as the number of people … Read more

“Wanted Flying Cars, Instead…”: Jack Dorsey’s Jibe As Meta Launches Threads

[ad_1] “Lliterally your fault mate,” said a user. Threads, Meta CEO Mark Zuckerberg’s new social media app to dethrone Elon Musk’s Twitter, has already secured 30 million downloads as of today. On the app, people can post text and links and reply to or repost messages from others. The app will also let users port … Read more

Mark Zuckerberg Was Off Twitter For 11 Years, Returned Today To Post This

[ad_1] Zuckerberg’s last tweet was in January 2012 Meta CEO and Facebook founder Mark Zuckerberg was off Twitter for more than 11 years. This morning, he returned to the microblogging site and dropped a meme, around the same time as Threads, Meta’s answer to Elon Musk’s Twitter, was launched. Zuckerberg shared a meme, showing a … Read more

Meta Unveils Quest 3 Mixed Reality Headset Ahead Of Apple’s VR Debut

[ad_1] Meta’s Mark Zuckerberg revealed the company’s next generation mixed reality headset. (Representational) New York: Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company’s next generation mixed reality headset, the Quest 3, as it braces for Apple to potentially reshape a nascent market that Meta has dominated so far. Priced starting at $499, the … Read more

Meta To Start Another Round Of Layoffs Next Week: Report

[ad_1] The layoffs “will follow a similar process” to the job cuts that took place in April. Facebook-parent Meta Platforms has said that it will be conducting another round of layoffs just two months after it let go 10,000 employees, as per a report in Vox News. This was communicated to the staff by the … Read more