Dear Facebook: No one cares about Oculus; give us Instagram revenue!

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MarketWatch First Take

Published: Oct. 25, 2021 astatine 8:29 p.m. ET

Facebook goes the Alphabet way — giving investors numbers connected a young concern alternatively of mature operations, portion renaming the institution — but tin we conscionable skip to the portion wherever the SEC makes Zuckerberg archer investors what they really privation to know?

Investors are obscurity adjacent arsenic obsessed with Oculus arsenic Mark Zuckerberg is.

MarketWatch photograph illustration/Getty Images, iStockphoto

Facebook Inc. is copying Google’s playbook with its latest diversionary tactics, truthful wherefore doesn’t it skip to the constituent and archer america Instagram’s finances close now?

In a bizarre disconnect from world Monday, Facebook FB said that it volition statesman to interruption retired the fiscal results for its virtual-reality business, which was calved from its 2014 acquisition of Oculus. The quality came with its disappointing third-quarter income and fourth-quarter forecast, and connected the heels of much antagonistic scrutiny and a damning firm representation by...

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