Meta’s Reality - QuikReader

Meta’s Reality Labs posts $4.4 billion loss in third quarter

Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.

Business - CNBC - October 30

With Reality Labs, Meta risks heading down slippery slope of overspending again

Zuckerberg said that he is going to keep building out Meta’s infrastructure and data centers, because the opportunity is so huge, even if investors don’t like it.

Business - MarketWatch - October 31

Meta faces day in court

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Meta to face trial in FTC antitrust suit Meta must face trial in an antitrust case brought by the ...

Politics - The Hill - November 13

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - October 30

At stake on Election Day: The reality of the presidency

CBS News' John Dickerson on the knowns and unknowns that either Kamala Harris or Donald Trump will face in leading our country into an uncertain future.

Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.

Tech - The Wall Street Journal - October 31

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - October 31

Facebook's parent company, Meta, facing courtroom battle

On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...

Meta fined €798m over 'unfair' Facebook Marketplace

The European Union says the tech giant crowded out rivals, breaching competition law.

Meta Finally Breaks Its Silence on Pig Butchering

The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.

Tech - Wired - 3 days ago

Starmer to pledge to ‘embrace fiscal reality’ in the Budget

UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’

Business - Financial Times - October 27

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

Volpe makes dreams a reality, sparks Yanks in G4

Anthony Volpe's performance in Game 4 -- one that included a game-changing grand slam to keep the Yankees alive in the World Series -- was something he envisioned "probably every night" growing up.

Sports - ESPN - October 30

AMD’s stock is getting hurt by this ‘unpalatable’ reality

One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”

Business - MarketWatch - October 30

Trump’s trade remedies reflect America’s troubled reality

Our partners shouldn’t blame us for a shift aimed at solving the problems they have caused

World - Financial Times - November 1

Celtic slip into their 'A-game' as Aberdeen get reality check

Brendan Rodgers says Celtic "had to bring our A-game" to deliver the first defeat of Jimmy Thelin's Aberdeen reign with a resounding 6-0 win that seals a place in the Scottish League Cup final.

'It's the reality' - will it take fewer points to win Premier League?

Manchester City manager Pep Guardiola predicts fewer points will be required to win the Premier League this season - but do the stats back that up?

TikTok moderators share reality of locating horrific videos

The BBC speaks to social media moderators, whose job it is to find and remove distressing and illegal content.

How Corporate Speak Obscures Realities in Business

George Orwell, one of the 20th century’s greatest writers, has advice that resonates today.

Business - Inc. - November 17

Donald Trump gets a brutal reality check

The implosion of Matt Gaetz’s nomination for attorney general reveals the president-elect isn’t all-powerful despite the Republican trifecta in government.

Politics - Politico - 3 days ago

Generative AI: Separating Hype From Reality

The technology may transform business. But it clearly isn’t there yet.

Business - The Wall Street Journal - 2 days ago

Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon

CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.

Business - CNBC - October 25

Meta AI to Use Reuters Content to Answer User Questions in Real Time

Meta AI didn’t share whether it would use Reuters content to train its large-language model.

Business - Inc. - October 27

Meta’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?

Meta reports earnings on Wednesday afternoon.

Business - MarketWatch - October 29

Markey urges Meta to relaunch research initiative for 2024 election

Sen. Ed Markey (D-Mass.) on Wednesday urged Meta, the parent company of Facebook and Instagram, to enable independent academic researchers to study the impact of its platforms on the 2024 election ...

Politics - The Hill - October 29