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U.K.-based company Threads Software Limited says it has given Meta 30 days to stop using the name 'Threads' for its newest social media platform in the U.K.
Facebook parent Meta has posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers
Meta, based in Menlo Park, Calif., said that it earned $11.58 billion, or $4.39 per share, in the July-September quarter. That’s up from $4.4 billion, or $1.64 per share, a year earlier. Revenue rose 23% to $34.15 billion from $27.71 billion.
Facebook parent Meta has posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers. The
Facebook parent Meta on Wednesday posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers. The stronger-thank-expected results followed Google parent Alphabet’s report Tuesday showing a rebound in earnings and revenue growth — a sign the online-advertising market is picking […]