Meta Q3 revenue tops estimates and Zuckerberg says Muse accounts have topped 10 million

Meta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as revenue climbed sharply.The parent company of Facebook and Instagram reported net income of $9.86 billion, or $3.83 per share, for the July-September period. That’s up from a profit of $2.71 billion, or $1.05 per share, in the same period a year earlier.Revenue grew 26% to $64.60 billion, up from $51.24 billion in the prior-year quarter and above the $63.34 billion expected by Wall Street analysts.In August, Meta reached an $18 billion settlement with 48 U.S. states over the effects of social media on teen mental health. The company agreed to take steps to keep children under 13 off Instagram and Facebook and teens ages 14 and 18 in age-appropriate accounts.Excluding the impact of a $9.89 billion charge related to this agreement, the company's third-quarter earnings would have been $7.40 per share, Meta said. The-year ago quarter included a one-time tax charge of nearly $16 billion.“We hit major