Meta in focus after strong report by Alphabet boosts confidence


FILE PHOTO: A man stands in front of a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, U.S. October 28, 2021. REUTERS/Carlos Barria

(Reuters) - The holidays were a gift to Alphabet Inc's Google, quarterly results showed. Next up: Facebook owner Meta Platforms Inc.

Alphabet's internet advertising, cloud computing and hardware businesses helped the Google owner soundly beat Wall Street targets for the holiday quarter, sending shares up as much as 9% in after-hours trading.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Big Tech, calls for looser rules await new EU antitrust chief
Germany's Scholz says Intel committed to German site despite delay
EssilorLuxottica extends smart glasses partnership with Meta
Drivers more likely to be distracted while using partial automation tech, study shows
Trump offers little detail at crypto business unveiling
'Active now': How to hide your activity status on Instagram
Apple's new AirPods Pro double as a 'clinical-grade' hearing aid
Meta bans RT and other Russian state media networks
Germany's coalition argues over Intel subsidies in new budget dispute
Microsoft approves new $60 billion share buyback program

Others Also Read