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Meta Platforms

Meta Platforms scoops up AI networking chip team from Graphcore

File photo of the Meta logo | Photo Credit: Reuters Meta Platforms Inc. has hired an Oslo-based team that until late last year was building...

WSJ News Exclusive | Meta Strikes Deal to Divest Itself of Kustomer

When Meta Platforms closed a deal last year to acquire business-software provider Kustomer for $1 billion,...

Big Tech Earnings Spark Hope That Worst Is Over

Shares rise on better-than-expected results, but growth lags behind what Microsoft, Amazon and Google did in the past. Source link

Amazon Rebounds From Postpandemic Doldrums, but Says Cloud Growth Is Slowing

The company reported a bounceback from stagnant postpandemic sales, but shares fell after-hours when it revealed in an investor call that its cloud-computing...

Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year

The company reported revenue of $28.6 billion, up 3% from a year prior, as it continues to improve after the loss of ad-tracking...

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