Meta META0.04%increase; green up pointing triangle Platforms reported revenue increased 33% in the first quarter—its biggest year-over-year quarterly revenue jump in nearly five years—but said it ...
Meta Platforms and Amazon.com agreed to a multibillion-dollar deal over several years in which the social-media company will use tens of millions of Amazon Web Services’ Graviton chip cores to support ...
A new lawsuit alleges that Meta, the parent company of Facebook and Instagram, misled users about the company's efforts to prevent scams on its platforms. The Consumer Federation of America (CFA), a ...
April 29 (Reuters) - U.S. electric utility Entergy (ETR.N), opens new tab increased its four-year capital spending plan by about 33% to $57 billion, a boost that is being driven largely by the ...
More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show. The affected workers are employed by the Dublin-based firm Covalen, which handles ...
In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales. The Reality Labs unit has now accumulated ...
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Even as Meta continues make money hand over fist, the tech giant is set to make a large round of layoffs to optimize operations — and as it continues to plow billions into AI projects. Meta, the ...
A new Meta program is set to train fiber technicians in four weeks. Fiber optic networks are a critical link in the construction and operation of AI data centers. AI companies are sprinting to build ...
While Meta is spending for future returns, energy companies can benefit in both the present and years to come thanks to power-hungry data centers. AI workloads are putting constant strain on ...
April 27 (Reuters) - Meta Platforms (META.O), opens new tab has signed an agreement with Overview Energy to secure power from the startup's space-based solar energy infrastructure for the Facebook ...
Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg. Meta also will not hire for 6,000 roles that are currently open. According to an ...