San Francisco, United States, July 29, 2026 (AFP) - Meta misses profit expectations, sticks to massive AI spending

NAMPA / AFP

2026-07-30

Facebook-parent Meta reported profits on Wednesday that fell short of Wall Street expectations, as the cost of staying in the race to deploy artificial intelligence -- along with hefty legal and severance charges -- hurt its bottom line. The social media giant said net income dropped 14 percent from a year earlier to $15.8 billion. Revenue, however, climbed 28 percent to $60.8 billion, beating estimates and underscoring the continued strength of......

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San Francisco, United States, July 29, 2026 (AFP) - Meta misses profit expectations, sticks to massive AI spending

2026-07-29 23:00:24

San Francisco, United States, July 29, 2026 (AFP) - Meta misses profit expectations, sticks to massive AI spending

2026-07-29 23:00:23

Los Angeles, United States, July 29, 2026 (AFP) - US actor Jared Leto denies latest accusations of sexual assault

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London, July 29, 2026 (AFP) - Prince Harry, other claimants may have to pay 'millions' in Daily Mail case

2026-07-29 20:00:37

London, July 29, 2026 (AFP) - Judge orders Amy Winehouse's father to pay nearly £1mn to her friends

2026-07-29 18:30:16

Paris, France, July 29, 2026 (AFP) - International 7-Day News Agenda

2026-07-29 18:01:39

Dublin, July 29, 2026 (AFP) - Irish singer, musician Glen Hansard killed in motorbike crash at 56

2026-07-29 17:00:58

Seoul, July 29, 2026 (AFP) - BTS pulls out of Grammys after Asian pop category introduction

2026-07-29 17:00:58

Paris, France, July 29, 2026 (AFP) - French DJ Kavinsky, famed for 'Nightcall', found dead in Paris

2026-07-29 15:30:15

Paris, France, July 29, 2026 (AFP) - French DJ Kavinsky, famed for 'Nightcall', found dead in Paris

2026-07-29 15:02:13

Nanterre, France, July 28, 2026 (AFP) - Further sex assault allegations against French star Patrick Bruel

2026-07-28 22:00:31

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