Mike Isaac

The Meta chief executive addressed families during a Senate Judiciary Committee hearing on child online safety.

SAN FRANCISCO — Meta on Thursday reported a 25% increase in quarterly revenue while profit more than tripled, a rise fueled by its ads business after a shaky 18 months of layoffs and a rocky digital advertising market.

The Newhouse family, which controls the Advance media empire, made a 2006 investment of $10 million in the social site, which plans to go public on Thursday.

By Mike Isaac and Lauren Hirsch New York Times

Reddit shares rose 48 percent on Thursday in their first day of trading, in a sign of investor eagerness that set the stage for more tech companies to reach the stock market this year.

What happens when a columnist and a reporter use A.I. glasses to scan groceries, monuments and zoo animals? Hilarity, wonder and lots of mistakes ensued.

Instagram is testing a program that offers its top influencers the ability to interact with their followers over direct messages using a chatbot.

The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend billions of dollars more on artificial intelligence.

Meta projected on Wednesday that revenue for the current quarter would be lower than what Wall Street anticipated and said it would spend billions of dollars more on its artificial intelligence efforts, even as it reported robust revenue and profits for the first three months of the year.Revenue for the company, which owns Facebook, Instagram, WhatsApp and Messenger, was $36.5 billion in the first quarter, up 27% from $28.6 billion a year earlier and slightly above Wall Street estimates of $36.1 billion, according to data compiled by FactSet. Profit was $12.4 billion, more than double the $5.7 billion a year earlier.