Sources: Meta is looking to raise $3B in equity and $26B in debt, from private capital firms, including Apollo Global and KKR, to fund its data center build out
www.ft.com/content/aff1... @ivanthek : WTF? — This is not exactly a vote of confidence in their own strategy. — www.ft.com/content/aff1... [image] X: Luke Kawa / @ljkawa : Private credit and AI, ...
Meta's Reality Labs Q1: revenue up 30% YoY to $440M, vs. $512.5M est., a $3.85B operating loss, vs. $4.31B est.; Reality Labs has lost $45B+ since 2020's end
It's burned $45 billion on the metaverse since the end of 2020. — https://www.cnbc.com/... #tech #meta #metaverse #vr X: Jason Kint / @jason_kint : So generous. This is very likely just more aggres...
Meta reports Q4 revenue up 25% YoY to $40.1B, net income up 201% YoY to $14B, and family daily active people up 8% YoY to 3.19B for December 2023
Meta Platforms (META Quick Quote META - Free Report) … Salvador Rodriguez / Wall Street Journal : Facebook Parent Meta Initiates Dividend as Growth Continues Jonathan Vanian / CNBC : Mark Zuckerberg s...
Meta reports Q3 revenue up 23% YoY to $34.15B, net income up 164% YoY to $11.58B, and family daily active people up 7% YoY to 3.14B for September 2023
that's what the Ray Ban glasses are for Ryan Deffenbaugh / Investor's Business Daily : Meta Earnings Crushed Targets. Why Is The Stock Falling Anyway? Yuvraj Malik / Reuters : Facebook-parent Meta bea...
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
but most of the new users came from outside the US and Canada Karissa Bell / Engadget : Meta had its best quarter since 2021 despite losing more money on the metaverse Abubakar Idris / The Messenger :...
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ
Daily News Snapshots — Draghi's ECB Consigned to History … Anusuya Lahiri / Benzinga : Facebook Appears To Migrate Investments From News To Better Compete With TikTok Tweets: @s_m_i : i legit checke...
Amazon's “other” sales, mostly comprised of its advertising revenue, jumped 139% to $2.03B in Q1, the first time sales have surpassed $2B
almost double what Wall Street expected Shareen Pathak / Digiday : Amazon advertising is now worth $2 billion Jason Del Rey / Recode : Amazon's AWS and advertising businesses are fueling its retail do...