Thursday, January 29, 2026 at 10:30 AM
The Facebook parent’s results highlight the advantages of its simpler, ad-focused business model.
Its planned capital spending of up to $135 billion represents a significant acceleration, but the company’s ad business is keeping pace.
The company says its sales were about $60 billion in the fourth quarter for a year-over-year growth rate of 24%.
Plus, China’s EV victory, 7 reasons teens say no to AI, trouble with the Nvidia-OpenAI megadeal and how AI is coming for Apple’s profit margins, in this edition of the Technology newsletter.
Plus, health insurers getting slammed
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