{"id":13187,"date":"2024-02-01T22:37:21","date_gmt":"2024-02-01T21:37:21","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/02\/01\/meta-revenue-soars-as-it-pivots-to-ai-and-announces-dividends-for-investors\/"},"modified":"2024-02-01T22:37:21","modified_gmt":"2024-02-01T21:37:21","slug":"meta-revenue-soars-as-it-pivots-to-ai-and-announces-dividends-for-investors","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/02\/01\/meta-revenue-soars-as-it-pivots-to-ai-and-announces-dividends-for-investors\/","title":{"rendered":"Meta revenue soars as it pivots to AI and announces dividends for investors"},"content":{"rendered":"<p>Cash flow beat investor expectations and shares rose as the tech giant authorized a $50bn share buyback program<\/p>\n<p>Meta shares soared 12% in after-hours trading<strong> <\/strong>following a strong fourth-quarter earnings report released the day after CEO Mark Zuckerberg took a beating in a contentious <a href=\"https:\/\/www.theguardian.com\/us-news\/2024\/jan\/31\/tiktok-meta-x-congress-hearing-child-sexual-exploitation\">congressional hearing<\/a>.<\/p>\n<p>The company also announced it will pay a 50 cent-per-share dividend to investors for the first time, and has authorized a $50bn share buyback program.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/feb\/01\/meta-earnings-q4-zuckerberg\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/15a4806b4b1f09c04064308446dcd48e99cfc98d\/0_340_7177_4307\/master\/7177.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=29d4dc70bcd53906479945792327fcbe\" title=\"Meta revenue soars as it pivots to AI and announces dividends for investors\" \/>Cash flow beat investor expectations and shares rose as the tech giant authorized a $50bn share buyback program<br \/>\nMeta shares soared 12% in after-hours trading following a strong fourth-quarter earnings report released the day after CEO Mark Zuckerberg took a beating in a contentious congressional hearing.<br \/>\nThe company also announced it will pay a 50 cent-per-share dividend to investors for the first time, and has authorized a $50bn share buyback program. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash flow beat investor expectations and shares rose as the tech giant authorized a $50bn share buyback program Meta shares soared 12% in after-hours trading following a strong fourth-quarter earnings report released the day after CEO Mark Zuckerberg took a beating in a contentious congressional hearing. The company also announced it will pay a 50 &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/02\/01\/meta-revenue-soars-as-it-pivots-to-ai-and-announces-dividends-for-investors\/\"> <span class=\"screen-reader-text\">Meta revenue soars as it pivots to AI and announces dividends for investors<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":13188,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13187"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13187"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13188"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13187"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}