Fortune

Meta verhoogt uitgaven ondanks miljardenverlies op metaverse

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Meta reported strong first-quarter financial results with $56.3 billion in revenue and a 33% year-over-year increase, yet its stock fell nearly 9% due to a loss of 20 million users and sharply increased spending plans. The company plans to boost capital expenditure to between $125 billion and $145 billion, primarily driven by artificial intelligence investments, despite already spending billions annually on its struggling metaverse division Reality Labs. Meta attributed the user decline to internet disruptions in Iran and WhatsApp restrictions in Russia, while maintaining over 3.5 billion