Facebook parent Meta Platforms Inc. on Wednesday became the latest tech titan tattooed by a precipitous drop in digital advertising, reporting less than half the profit it had in the Read more
Tag: Facebook
Facebook earnings cut in half, Meta stock heads toward lowest prices in more than 6 years
Facebook parent Meta Platforms Inc. on Wednesday became the latest tech titan tattooed by a precipitous drop in digital advertising, reporting less than half the profit it had in the Read more
Use Facebook and Twitter to Grow Your Business
Perhaps you have learned many people referring to Facebook and Twitter. Well, this isn’t completely new these days considering that many individuals are using social network sites. If you would Read more
What’s worse for Meta: declining Facebook ad revenues or increasing costs of metaverse push?
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 Read more
Scathing Meta shareholder’s letter calls for layoffs, less spending on metaverse
A major Meta Platforms Inc. shareholder has some scathing advice for the embattled company: Slash payroll costs by 20% and limit annual spending to $5 billion on its quest to Read more
‘Mass layoffs’ of Meta bus drivers lead to pleas for Facebook to bring workers back to the office
Protesters on Thursday urged Meta Platforms Inc. to call its Silicon Valley-based engineers and other employees back to the office, after Facebook’s parent company continued to dismiss service workers with Read more
Tech hype vs. reality: There’s no need to rush Meta’s Quest Pro or 8K TV into people’s hands, says analyst
Facebook parent Meta made its big virtual reality play last week with the launch of the company’s new high-end Quest Pro headset. But Paolo Pescatore, technology analyst at PP Foresight, Read more
Facebook may be ‘lighting money on fire,’ but Meta stock is still this bull’s top pick
It’s been a tough recent run for Meta Platforms Inc., offering plenty of fodder for the bears. The Facebook parent company has seen its market value plunge to a recent Read more
Opinion: Mark Zuckerberg’s massive bet on virtual reality is about to meet actual reality, and it won’t be pretty
Mark Zuckerberg is targeting corporate users with Meta Platforms Inc.’s costly new virtual-reality headset, but even if the Meta Quest Pro did appeal to remote workers, the timing could not Read more
Facebook’s Bay Area janitors end strike, with some winning their jobs back
Striking Facebook janitors in the Bay Area returned to work this week after their unions reached an agreement with their employer, a vendor for Facebook parent Meta Platforms Inc., late Read more