Some Wall Street analysts are comparing Meta's AI-centric spending spree to its ill-fated foray into the metaverse, which ...

Expenses, too, are expected to soar. "We also anticipate total expenses will grow at a significantly faster percentage rate ...

The spike in employee compensation costs was primarily driven by “technical” hires, particularly AI talent, CFO Susan Li said ...

Meta Platforms (META), and Microsoft (MSFT) posted their latest earnings results on Wednesday, with all three of the Big Tech ...

Cloud service providers, including Google, Meta, and Microsoft, this week reported mixed quarterly earnings, yet one theme ...

Microsoft, Meta and Alphabet recently reported their quarterly earnings and one thing is certain: the jaw-dropping ...

Meta’s shares plunged over 8 per cent after it reported a one-time charge of nearly $16 billion in the third quarter tied to ...

Threads by Instagram hit the 150 million daily users milestone. The company has announced that ramping up ads on the platform ...

The demand for the deal, expected to be at least $25 billion in size, surpasses the previous record set back in 2018 ...

The latest investor updates on stocks that are trending on Thursday.

Meta is also investing heavily to attract and retain top AI researchers and engineers as a talent war between tech firms intensifies.

The Facebook parent’s business model sparks more questions about the eventual payoff than rivals such as Google and Microsoft ...