Meta Platforms Could Open Up a Massive New Revenue Stream

Meta Platforms Could Open Up a Massive New Revenue Stream

Key PointsMeta CEO Mark Zuckerberg said the company is considering launching a cloud computing business.Its first priority is using its compute capacity for its own needs.The stock could soar if it launches a cloud computing service.10 stocks we like better than Meta Platforms › Meta Platforms (NASDAQ:META) is typically considered one of the four big hyperscalers in the tech sector. These are companies that own and operate massive cloud computin…

Mark Zuckerberg to Shareholders: We will take on Google, Amazon and Microsoft in Cloud business if we realise that we have ...

Tech News News: Meta CEO Mark Zuckerberg has told the shareholders that the company could compete with Google, Amazon and Microsoft in cloud computing if its massive .

Meta considers becoming a hyperscaler

Meta has raised the possibility that it could be joining the likes of Amazon, Microsoft and Google in offering cloud services at some point in the future — although potential customers shouldn’t be adding the company to their suppliers list just yet. When asked about plans for offering such services at the company’s annual shareholders meeting,  Meta CEO Mark Zuckerberg said there was a possibility of the company competing with the major hypersc…

Meta toys with offering cloud computing services

CEO Mark Zuckerberg says it's "definitely on the table"