Facebook (META) Reality Labs lost $3.99 billion on $339 million of revenue in Q1 2023
Meta's Reality Labs division continues to be one of the largest cash sinks for the company in its latest fiscal year.
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Meta's Reality Labs division continues to be one of the largest cash sinks for the company in its latest fiscal year.
Nearly 3 billion active users were reported in Facebook's results for Q1 2023.
Facebook (META) is out with its latest earnings report, showing a beat on revenue and EPS.
Following a beat on the current fiscal quarter revenue and earnings-per-share, Meta raised its revenue guidance for Q2 2023.
Advertisers are seeking refunds from Facebook after a glitch caused companies to fund ineffective campaigns, including one where most of the daily ad budget was spent by 9 a.m.
Here's how you can tune into Facebook's (META) Q1 2023 earnings call.
Meta acquired Onward developers Downpour Interactive and Lone Echo developers Ready at Dawn to bolster its gaming exclusives on Quest VR headsets.
If you want a blue verification badge on Facebook and Instagram you can now pay Meta up to $15 a month to get one.
The company shared restructuring plans as part of its 'Year of Efficiency' which includes additional layoffs and reduced hiring rates.
The platform would be a standalone app and is reportedly being led by Instagram head Adam Mosseri.