Meta lost $3.7 billion in the third quarter in its Metaphors-focused Reality Labs division

Meta lost $3.7 billion in the third quarter in its Metaphors-focused Reality Labs division

GamesBeat Next unites gaming industry leaders for exceptional content, networking and deal opportunities. Join us in San Francisco on October 23-24. Register now Meta reported a loss of $3.7 billion in the third quarter in its Metaphors-focused Reality Labs division. In its quarterly call with analysts, Meta Chief Financial Officer Susan Lee said the company …

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Google shares fall as cloud computing growth misses third quarter

Google shares fall as cloud computing growth misses third quarter

The parent of Google Alphabet ( GOOGL ) reported third-quarter earnings that topped consensus estimates while revenue topped views. GOOGL shares fell on Wednesday as cloud computing sales growth in the third quarter was missed due to an apparent loss of market share. Microsoft (MSFT) in the middle of the battle in artificial intelligence. X …

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