The company says focus is on payments, not launching anything new.

Meta Platforms, Inc. continues to deliver strong core business growth, with Family of Apps revenue up 26% and daily active users exceeding 3.5 billion. META's aggressive CapEx, especially in AI and VR ...

Meta Platforms is reportedly getting ready to bring dollar-backed tokens to over 3 billion users by working with an outside company. The move comes four years after the tech giant’s Libra project fell ...

Duolingo reported strong Q3 FY25 results, but shares fell over 20% due to weak Q4 guidance and a focus on user growth over monetization. Duolingo management is taking the next leap in its innovation ...

Meta plans a stablecoin comeback in 2026 through a third-party partner, aiming to integrate dollar-pegged payments across its platforms.

(Bloomberg/Ryan Vlastelica) — The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors of the massive metaverse outlays that ...

Meta Platforms Inc (NASDAQ:META) earnings, along with Microsoft (MSFT) are a weight on the tech sector today. The social media empire reported adjusted third-quarter earnings of $7.25 per share on $51 ...

According to Bloomberg, Meta is cutting 30% of its metaverse budget. Its Reality Labs division is on track to lose close to $20 billion. Layoffs in 2022 helped ignite a boom in the stock. Zuckerberg's ...

Meta is set to release its first smartwatch this year featuring health-tracking and built-in Meta AI, reports The Information. The smartwatch, which would compete directly with Apple Watch and other ...