Zuckerberg says Threads app has just under 100 million monthly active users
Meta CEO Mark Zuckerberg believes the Twitter alternative is trending upwards and plans to stick with its development over the long haul.
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Facebook (META) Reality Labs lost $3.742 billion in Q3 2023
Meta continues to see substantial losses from the Reality Labs division.
Listen to the Facebook (META) Q3 2023 earnings call here
Tune into the earnings call for Meta, the company behind Facebook and Instagram.
Facebook (META) forecasts Q3 2023 revenues above analyst expectations
Following a successful set of metrics in its Q2 2023 earnings results, Meta has raised revenue guidance for Q3 2023.
Facebook (META) Q2 2023 earnings results beat analyst EPS & revenue estimates
Meta came out ahead with a solid revenue and EPS beat against analyst estimates in its Q2 2023 results.
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.
Facebook (META) reports 2.99 billion monthly active users (MAUs) in Q1 2023
Nearly 3 billion active users were reported in Facebook's results for Q1 2023.
Facebook (META) forecasts Q2 2023 revenues above analyst expectations
Following a beat on the current fiscal quarter revenue and earnings-per-share, Meta raised its revenue guidance for Q2 2023.
Meta announces 10,000 additional layoffs in restructuring plans
The company shared restructuring plans as part of its 'Year of Efficiency' which includes additional layoffs and reduced hiring rates.
Facebook (META) allegedly planning further layoffs as early as this week
Even after a mass layoff late in 2022, thousands of further jobs at the Meta company may be on the line this week as the company continues to cut costs.
