Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Mark Zuckerberg is reportedly hunting for a home in Washington, D.C., to be even closer to the commander-in-chief and his inner circle
Zuckerberg is reportedly on the hunt for a home in the capital city to get even closer to Trump. Two people familiar with the ...
Meta’s Mark Zuckerberg eyeing Washington DC mansion while wooing Trump: report
Meta CEO Mark Zuckerberg is reportedly looking to buy property in Washington DC – the latest sign of his ongoing effort to ...
Bernard Arnault, world's richest non-American, drops absurd new term for tech layoffs
Bernard Arnault, in an LVMH earnings call, used a bizarre new term for tech layoffs when referencing a conversation with Meta ...
Meta to Pay Trump $25 Million to Settle Lawsuit Over 2021 Ban
Meta will pay President Donald Trump $25 million to settle a lawsuit over the company's decision to "indefinitely" ban him ...
LVMH CEO Bernard Arnault came up with a new way to describe layoffs: being ‘promoted outwards’
LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...
Meta posts sharply higher profit, topping Wall Street’s expectations
Meta’s shares rose in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
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Will Mark Zuckerberg be the Next Billionaire to Buy a House in DC?
To the billionaires descending on the District in the wake of Trump’s election, we can add another presumptive name to the ...
Meta posts sharply higher Q4 profit, revenue, topping Wall Street’s expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.
Who Will Stand Up to Trump’s Broligarchs?
As Elon Musk and his billionaire brethren take power in Trump’s second term, the lack of legal guardrails — and the fading ...
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DeepSeek is a big test for Meta and its embrace of open-source AI
China's DeepSeek is pressure-testing Zuckerberg’s strategy of embracing the open-source approach to AI development.