Meta Plans to Outsource VR Hardware Development to Boost Profits
Fri, Apr 26, 2024 3:12 PM

Meta Plans to Outsource VR Hardware Development to Boost Profits

A Flip by Riya Sharma
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Last year is often billed as Meta Platforms (NASDAQ: META) co-founder and CEO Mark Zuckerberg's "year of efficiency." Indeed, it should be billed as such. Meta earnings soared as the company cut expenses and started putting its AI to use to boost productivity (especially for social media ads), and thus earnings.META Revenue (TTM) ChartDespite this boost to Meta's earnings power.

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