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RSS FeedsFacebook teases massive metaverse-related changes on the horizon
(Android Central)

 
 

26 october 2021 00:09:24

 
Facebook teases massive metaverse-related changes on the horizon
(Android Central)
 


This could be the last time Facebook reports under `Facebook` ahead of its name change. What you need to know Facebook announces its Q3 2021 financial earnings. The company reports a 35% increase in revenue, driven primarily by ads. Strong Quest 2 sales have driven non-ad revenue by nearly 200%. The company is expected to change its name this week. Facebook has announced its Q3 financial earnings on Monday, showing that the social media giant is not slowing down, despite its troubles. The company reported quarterly revenue of more than $29 billion, which was primarily driven by ads. More than $725 million came from non-ad products, primarily driven by the Oculus Quest 2. Strong sales brought non-ad revenue up by nearly 200% from just under $250 million in the same quarter last year, signaling strong demand for one of the best VR headsets you can buy right now. Facebook CEO, Mark Zuckerberg, said during the earnings call that its new Ray-Ban Stories are also `off to a strong st...


 
50 viewsCategory: Technology > Mobile > Android
 
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