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Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark ...
August 1, 2024 at 1:22 PM. The stock of Meta Platforms (NASDAQ: META) is making big gains today following its recent quarterly report. The company's share price was up 6.1% as of 12:30 p.m. ET on ...
Data by YCharts.EPS = earnings per share. TTM = trailing 12 months. In Q1, Meta's diluted EPS rose 114% year over year to $4.71. The company's stellar results were due to growth in its advertising ...
Metacapital Management v. Meta Platforms Inc. May 10, 2024, it was announced that Mata Capital Management and Meta Platforms had resolved the trademark issue and agreed to a settlement in principle. Metacapital Management has been using the name since 2001 and Meta Platforms was the new rebranded name from Facebook in 2021.
Meta Platforms, Inc. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held ...
July 4, 2024 at 7:20 AM. In the past five years, shares of Meta Platforms (NASDAQ: META) have soared 164%. That gain is impressive, but it has been an extremely volatile ride. Nonetheless, Meta ...
But Meta expects higher payroll costs this year as it plans to add more highly-paid AI specialists to further its ambitions and compete with other tech giants for talent in this area. Meta also initiated a quarterly dividend to its shareholders. It said it will pay 50 cents per share on March 26 to shareholders of record as of Feb. 22.