Meta topping estimates in its latest quarter and offered a
rosy outlook for the second quarter. The tech and
social media giant saw revenue growth for the first time
in three quarters but the company still posted a$1
billion loss in its metaverse division focused on augmented and
virtual reality. The company has embarked on what Ceo
Mark Zuckerberg calls quote year of efficiency to cut costs
. Zuckerberg said its A I work is quote driving
good results across its apps and businesses.