Meta Spent $10 billion on the Metaverse in 2021, Dragging Down Profit

Quarterly profits decreased 8 percent, to $10.3 billion, from a year earlier. Shares of Meta’s stock plunged about 22 percent in after-hours trading.

from NYT > Technology https://ift.tt/tF9Z7peUw

Comments

Post a Comment

Popular posts from this blog

Prof. M. Ramalinga Raju appointed as Vice Chancellor of JNTU Kakinada

In exercise of the powers conferred by Section 7(1) and Schedule l(l-1) of Jawaharlal Nehru Technological Universities Act, 2008 (Act No.30 of 2008), I, E.S.L.Narasimhan, Chancellor of Jawaharlal Nehru Technological University, Kakinada hereby appoint Prof. M. Ramalinga Raju , Professor of Electrical & Electronics Engineering, Director Admissions, Jawaharlal Nehru Technological University, Kakinada as Vice Chancellor of Jawaharlal Nehru Technological University, Kakinada for a term of... Prof. M. Ramalinga Raju appointed as Vice Chancellor of JNTU Kakinada from University Updates https://ift.tt/2qa91dm
Read more

APJAKTU Exam Registration opened - B.Tech (FT,PT) July 2021 (2019 and 2015 scheme)

APJAKTU It is hereby informed that registration to B.Tech S2 (R,S) Exam July 2021 (2019 scheme) (Regular and Supplementary), B.Tech S2 (PT) (R) Exam July 2021 (2019 scheme) (Regular), B.Tech S2 (PT) (S,FE) Exam July 2021 (2015 scheme) (Supplementary, FE) and B.Tech S4 (PT) (R,S) Exam July 2021 (2015 scheme) (Regular and Supplementary) is opened. Students are directed to register and pay the fee at their College offices on or before 02-10-2021, Saturday. Download notification for more... Read more from University Updates https://ift.tt/3F04teJ
Read more