San Francisco, United States, Oct 21, 2026 (AFP) - Meta beats expectations but legal penalties hit profit amid AI race

NAMPA / AFP

2026-10-22

Meta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's profits took a hit due to an $18 billion legal settlement with nearly all US states. The company reported $9.86 billion in profits from July to September, almost 50 percent below investor expectations, which Meta said was dragged down by a $9.9 billion charge related to the settlement. Meta reported its earnin......

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San Francisco, United States, Oct 21, 2026 (AFP) - Meta beats revenue expectations but legal penalties hit profit

2026-10-21 23:00:48

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San Francisco, United States, Oct 21, 2026 (AFP) - Meta beats revenue expectations but legal penalties hit profit

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San Francisco, United States, Oct 21, 2026 (AFP) - Judge orders Meta to pay $25 bn to New Mexico in Cambridge Analytica case

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San Francisco, United States, Oct 21, 2026 (AFP) - Judge orders Meta to pay $25 bn to New Mexico in Cambridge Analytica case: reports

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