Topic
reality-labs
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technology29 days agoDeveloping
Meta Sees 33% Revenue Growth to $56.3 Billion, 20 Million User Drop, and Higher 2026 Spending Plans
Meta disclosed a drop of 20 million daily active users across its platforms, attributing it to disruptions in Iran and Russia. The company also increased its 2026 capital expenditures by $10 billion amid strong revenue growth. Reality Labs posted significant losses, and Meta's st…