threads Meta's Threads App Reaches 400 Million Monthly Active Users Threads, the text-based social networking platform owned by Meta Platforms, currently boasts 400 million monthly active users. Launched in July 2023, the service operates across web, Android, and iOS in over 100 countries.
meta Meta Spends Over $2 Billion on AI Agent Startup Manus Meta Platforms acquires AI agent startup Manus for over $2 billion to accelerate its position in the artificial intelligence race. The deal brings in a highly profitable platform and sets the stage for major AI advancements in 2026.
meta platforms Meta Stock Drops Over 10% Despite Strong Q1 Earnings Report Meta Platforms experiences a sharp stock decline after releasing solid first-quarter results, driven by light revenue guidance and increased spending forecasts for artificial intelligence infrastructure.
meta platforms Meta Platforms Stock Plummets 24% Despite Strong User Engagement Meta Platforms experiences a massive stock drop following a Q3 earnings miss, largely driven by investor frustration over continued Metaverse spending. Despite the sell-off, the social media giant reports record-breaking user engagement and presents a potential buying opportunity.
meta platforms Meta Platforms Prepares to Reveal Billions in Metaverse Spending Meta Platforms reports fourth-quarter earnings with investors closely watching its massive financial commitment to the metaverse. The tech giant sacrifices short-term profits to build a futuristic digital environment.