As Russian missiles rained down on Ukrainian cities, another battle was taking place online and over the airwaves.
Browsing: Meta
Meta Platforms is building a digital voice assistant to help people interact hands-free with physical devices, such as the company’s Portal video-calling device and, eventually, augmented-reality glasses.
Facebook parent Meta Platforms has repeatedly demonstrated an ability to rebound after earnings disappointments. Not this time.
Meta Platforms has tumbled out of the world’s 10 largest companies by market value, hammered by its worst monthly stock decline ever.
Meta Platforms’ revenue is taking a multibillion-dollar hit because it can’t gather as much data on iPhone users. The company spent last year attacking Apple for the change; now it’s publicly calling out Google, too.
TikTok, the pandemic and mobile data costs in India all helped draw people away from Facebook at an unprecedented rate last quarter. The big question is, when will it be Instagram’s turn?
Mark Zuckerberg lost $29-billion in net worth on Thursday as Meta Platforms’ stock marked a record one-day plunge, while Jeff Bezos was set to add $20-billion.
Facebook’s announcement that user numbers had dropped for the first time laid bare a long-neglected vulnerability: it’s a one-trick pony.
Facebook owner Meta Platforms’ shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast.
The social media landscape seems to be rapidly shifting towards short-form video, a space dominated not by Facebook but by TikTok.