Meta reported robust third-quarter revenue driven by ad demand, but a $15.9 billion one-time tax charge weighed on its profit ...

AI is booting engagement across Meta's social media platforms and driving interest in Meta glasses, but it comes at the cost ...

Of the three companies reporting on Wednesday, Meta offered the most jarring picture. In addition to posting an eye-popping US$16 billion tax charge, the company warned that capital spending would ...

Indian engineer Prakhar Agarwal's journey from BITS Pilani to Meta's Superintelligence Labs highlights the importance of ...

Meta's stock fell 8% following the announcement of higher artificial intelligence spending for next year, despite a 26% revenue growth in Q3.

Menlo Park, California-based Meta Platforms Inc. earned $2.71 billion, or $1.05 per share, in the July-September period. Excluding tax-related special expenses, the company would have earned $7.25.

Mark Zuckerberg on Wednesday signaled an unsatiated appetite for more computing resources as Meta seeks to ensure it’s an industry leader in a fast-moving AI race ...

Meta said 2026 expenses will rise significantly, driven by heavy investment in AI infrastructure and soaring employee ...

Mark Zuckerberg commits Meta to a massive $600 billion AI investment by 2028. The move aims to secure Meta's lead in the race ...

Alphabet increased its full-year capex outlook to $91 billion–93 billion, joining its peers who are ramping up data centre ...

Microsoft, Meta and Google were big earnings movers late after Fed chief Powell's hawkish comments. The Trump-Xi meeting is ...

The Dow ended lower and the S&P 500 finished flat on Wednesday after the Federal Reserve cut interest rates but Fed Chair ...