Facebook Earnings
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China Woman Earns Rs 120 Crore A Week With 3-Second Reviews
Millions around the world create online videos daily and post them on YouTube or social media platforms like Instagram and Facebook, hoping to gainviews and followers.
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Fired From Facebook, Man Starts Own Tech Company, Earns Rs 27 Crore A Year
Mr Kagan said he always dreamed of being rich and knew that the pathway to riches ran through the world of tech.
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Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
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Facebook Parent Meta's Earnings Beat Market Expectations As Ads Revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.
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Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
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Delhi Security Guard Accepts Work As 'Playboy', Duped Of Rs 40,000
"Do you want to become a playboy and make quick money?" When Prakash, a security guard in Delhi, received this message from a girl he had come across on Facebook, he thought it was a good way to earn some extra bucks.
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Ex-Meta Employee Claims She Received Rs 1.5 Crore To Do "Nothing"
She explained how Meta was not hiring new employees while she was there in the clip titled "Getting paid $190k to do nothing at Meta".
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Desk-Sharing And Other Changes At Facebook: 5 Points
Facebook parent Meta Platforms laid off 11,000 employees today and announced cost-cutting measures. In a Facebook post, Mark Zuckerberg cited "disappointing earnings and a drop in revenue".
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Mark Zuckerberg Says "I Got This Wrong", Facebook Parent Meta's Biggest Layoffs
Facebook's parent company Meta today fired more than 11,000 employees, in a bid to reduce costs following disappointing earnings and a drop in revenue.
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Mark Zuckerberg Preps Executives For Job Cuts Starting Today
Facebook parent Meta Platforms Inc. is planning to begin widespread job cuts on Wednesday, according to people familiar with the matter, part of a plan to reduce costs at the social-media giant following disappointing earnings and a drop in revenue.
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Facebook Parent Meta Ordered to Pay $10.5 Million Legal Fees to Washington State
Facebook parent company Meta has been ordered to pay $10.5 million (nearly Rs. 86 crore) in legal fees to Washington state atop a nearly $25 million (nearly Rs. 200 crore) fine for repeated and intentional violations of campaign finance disclosure laws. King County Superior Court Judge Douglass North issued the legal-fee order Friday, two days afte...
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Instagram Parent Meta Explores Reel Monetisation Opportunities With New Ad Formats
Facebook parent Meta Platforms announced a series of new ad formats on Tuesday, aimed at creating new revenue streams for the short video and business messaging products that it has identified as key to growth this year.
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Proud US Woman Rents Billboard To Celebrate Daughter's Doctorate Degree
A woman from New Jersey, in the United States, is gaining traction on social media for putting up a hoarding to congratulate her daughter who earned a doctorate degree.
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Meta Loses $2.8 Billion on Metaverse Division Despite the Mammoth Re-Branding Step
In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costin...
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Snap Q2 Report Sparks $80 Billion Loss in Ad Industry Market Cap Amid Tiktok Competition, Inflation Concerns
Snap announced poor second quarter earnings on Thursday, missing Q2 revenue targets and bringing the company’s shares down by 26 percent. The camera-based chat service has lost over 70 percent in 2022. The report also sparked a selloff in rival internet ad sellers, as Facebook owner Meta dropped 5 percent in extended trade, while Alphabet and Pin...
-
China Woman Earns Rs 120 Crore A Week With 3-Second Reviews
Millions around the world create online videos daily and post them on YouTube or social media platforms like Instagram and Facebook, hoping to gainviews and followers.
-
Fired From Facebook, Man Starts Own Tech Company, Earns Rs 27 Crore A Year
Mr Kagan said he always dreamed of being rich and knew that the pathway to riches ran through the world of tech.
-
Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
-
Facebook Parent Meta's Earnings Beat Market Expectations As Ads Revive
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business.
-
Meta Said to Be Targeting $7 Billion in Its Second Blue-Chip Bond Sale
Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...
-
Delhi Security Guard Accepts Work As 'Playboy', Duped Of Rs 40,000
"Do you want to become a playboy and make quick money?" When Prakash, a security guard in Delhi, received this message from a girl he had come across on Facebook, he thought it was a good way to earn some extra bucks.
-
Ex-Meta Employee Claims She Received Rs 1.5 Crore To Do "Nothing"
She explained how Meta was not hiring new employees while she was there in the clip titled "Getting paid $190k to do nothing at Meta".
-
Desk-Sharing And Other Changes At Facebook: 5 Points
Facebook parent Meta Platforms laid off 11,000 employees today and announced cost-cutting measures. In a Facebook post, Mark Zuckerberg cited "disappointing earnings and a drop in revenue".
-
Mark Zuckerberg Says "I Got This Wrong", Facebook Parent Meta's Biggest Layoffs
Facebook's parent company Meta today fired more than 11,000 employees, in a bid to reduce costs following disappointing earnings and a drop in revenue.
-
Mark Zuckerberg Preps Executives For Job Cuts Starting Today
Facebook parent Meta Platforms Inc. is planning to begin widespread job cuts on Wednesday, according to people familiar with the matter, part of a plan to reduce costs at the social-media giant following disappointing earnings and a drop in revenue.
-
Facebook Parent Meta Ordered to Pay $10.5 Million Legal Fees to Washington State
Facebook parent company Meta has been ordered to pay $10.5 million (nearly Rs. 86 crore) in legal fees to Washington state atop a nearly $25 million (nearly Rs. 200 crore) fine for repeated and intentional violations of campaign finance disclosure laws. King County Superior Court Judge Douglass North issued the legal-fee order Friday, two days afte...
-
Instagram Parent Meta Explores Reel Monetisation Opportunities With New Ad Formats
Facebook parent Meta Platforms announced a series of new ad formats on Tuesday, aimed at creating new revenue streams for the short video and business messaging products that it has identified as key to growth this year.
-
Proud US Woman Rents Billboard To Celebrate Daughter's Doctorate Degree
A woman from New Jersey, in the United States, is gaining traction on social media for putting up a hoarding to congratulate her daughter who earned a doctorate degree.
-
Meta Loses $2.8 Billion on Metaverse Division Despite the Mammoth Re-Branding Step
In Meta’s Q2 earnings call, its chief Mark Zuckerberg announced that the company’s metaverse-focussed ‘Facebook Reality Labs’ division has reported losses of a whopping $2.81 billion (roughly Rs. 22,410 crore). Despite the financial setback, Zuckerberg has exuded confidence that in the coming years, all the trials and errors that are costin...
-
Snap Q2 Report Sparks $80 Billion Loss in Ad Industry Market Cap Amid Tiktok Competition, Inflation Concerns
Snap announced poor second quarter earnings on Thursday, missing Q2 revenue targets and bringing the company’s shares down by 26 percent. The camera-based chat service has lost over 70 percent in 2022. The report also sparked a selloff in rival internet ad sellers, as Facebook owner Meta dropped 5 percent in extended trade, while Alphabet and Pin...
