Meta Platform’s revenue fell 4% to $32 billion last quarter, as the company continued to struggle with a slowdown in its advertising business. The drop, however, was at the lower end of the company’s forecast of a decline between 3.4% and 11%. The company’s stock climbed after the announcement, buoyed by the news of a $40 billion stock buyback. Reality Labs, the department behind Meta’s...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
