It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and $6.77, respectively.

Meta founder and chief executive Mark Zuckerberg expects 2025 to be a crucial year in reshaping the company’s engagement with governments, as regulatory pressures, artificial intelligence advancements and digital policy shifts continue to evolve.

Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.

Social network operator Meta Platforms (NASDAQ:META) in Q4 CY2024, with sales up 20.6% year on year to $48.39 billion. On the other hand, next quarter’s revenue guidance of $40.65 billion was less impressive,

Meta Platforms on Wednesday said it has agreed to pay about $25 million to settle a lawsuit by President Donald Trump over the company's suspension of his accounts after the Jan. 6, 2021, attack at the U.

Meta, along with nearly every other major tech company, suspended Trump’s accounts in 2021 after the Capitol attack by his supporters.

The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S. Capitol.

By Aditya Soni and Deborah Mary Sophia (Reuters) -Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field.

Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,

Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.