Meta revenue soars as it pivots to AI and announces dividends for investors

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 cent-per-share dividend to investors for the first time, and has authorized a $50bn share buyback program.Overall, Meta reported fourth-quarter revenue of $40.1bn, beating the predicted $39.18bn and up 25% year-over-year. The report comes as Meta, like many of its big tech p ...