Meta Platforms forecast third-quarter revenue well above Wall Street estimates on Wednesday, as artificial intelligence continued to strengthen its core advertising business, sending its shares up 10% in extended trading.

The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled to testify.

The parent company of Facebook and Instagram continues to exceed expectations for ad sales. Analysts are less sure about its big swings. Meta Platforms released blockbuster second-quarter earnings on Wednesday,

In many ways, we’re living in the world that Mark Zuckerberg built. No other person is as responsible for social media ’s rapid ascendance into ubiquity over the last two decade. The platforms he runs — Facebook,

Billionaire Meta CEO Mark Zuckerberg has always been an early adopter of new tech, but now he says those who don’t adopt smart glasses, which sit at the bleeding edge of wearable technology, may be at risk of falling behind.