Ad revenue for the social media giant was better than expected at a time when the industry is seeing a downturn. Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok.Read Full Story
Similar Stories to Meta Stock Skyrockets As Facebook Parent Company Announces Buybacks on Bing News
Christopher Zara, Fast Company
Wed, 02/01/2023 - 9:50am
BING NEWS:
- AST SpaceMobile Skyrockets Almost 100% After Verizon Deal
Satellite cellphones may have taken a big step forward this week after Verizon ( VZ 1.70%) announced an expanded partnership with AST SpaceMobile ( ASTS -0.77%). According to data provided by S&P ...
05/31/2024 - 8:34 am | View Link - AST SpaceMobile shares take off after it announces Verizon partnership
opens new tab shares jumped more than 70% on Wednesday and hit their highest level since November 2022 after the satellite communication company announced a new direct-to-cellular tie-up with Verizon ...
05/29/2024 - 6:04 am | View Link - Google Parent Alphabet Is Selling Shares of 2 Hypergrowth Stocks and Piling Into a Promising Artificial Intelligence (AI) Company
Alphabet oversees more than $2.5 billion of invested assets. In the March quarter, it dumped shares of two of its largest holdings and nearly quadrupled its stake in a fast-growing artificial ...
05/22/2024 - 10:20 pm | View Link - Meta is shutting down Workplace, its enterprise communications business
Facebook once had big ambitions to be a major player in enterprise communication and productivity, but today the social network’s parent company Meta will be closing a very significant chapter ...
05/14/2024 - 4:34 am | View Link - A product manager who worked at Meta and Google reveals which company is best for work-life balance
Compensation Meta and Google offer product managers a salary, bonus, and restricted-stock-unit grants but have different pay structures, McKinnon said. Project opportunities Company transparency ...
05/5/2024 - 11:35 am | View Link - More
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