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The news sent Meta shares popping more than 14% in after-hours trading Thursday. Thursday’s report marked the fourth quarter of Meta’s self-described “year of efficiency,” which Zuckerberg ...
The Meta as a "cheap" stock narrative is also supported by a peek at valuation versus recent historical norms. Meta's current forward price-to-earnings multiple is relatively in line with its ...
Meta's advertising revenue came in at $38.7 billion in the fourth quarter, beating expectations for $37.8 billion. The company also reported 2.11 billion Facebook daily active users.
Meta AI is an American company owned by Meta (formerly Facebook) that develops artificial intelligence and augmented and artificial reality technologies. Meta AI deems itself an academic research laboratory, focused on generating knowledge for the AI community, and should not be confused with Meta's Applied Machine Learning (AML) team, which focuses on the practical applications of its products.
For the nine months ending Sept. 30, Meta's sales were relatively unchanged, but operating income tanked by $12 billion year-over-year as the company was caught by surprise by the extent of the ...
Those gains combined with Meta’s aggressive cuts and its promise of an efficient 2023 drove stock prices up around 15% in trading after-hours. Meta took a notable beating in 2022’s market ...
Meta is teaming up with the Center for Open Science (COS) to start a pilot program that studies “topics related to well-being.” It looks like the program will dive into our social media data ...
Meta has also taken some measures to limit teens’ access to content about self-harm, suicide and eating disorders. But these changes come amid escalating scrutiny.