Facebook Sells Off All Its Libra-Based Assets

Not long ago, Live Bitcoin News published an article discussing Facebook aka Meta and its decision to sell off any assets aligned with Libra/ Diem. It looks now like those assets have been sold and th...

A team of 4 Facebook developers intends to create a blockchain

Tired by Big Tech’s red tape, four former Facebook employees formed a business focusing on Web3 and blockchain infrastructure. They now want to create a blockchain in the near future. Even Cheng, Myst...

Facebook Tumbled After Earnings. Now, Should You Buy or Sell Meta Stockk?

Challenges are rising for Meta Platforms—and they’re no longer just about Facebook’s legacy business. Justin Sullivan/Getty Images Text size Suddenly, investors are giving Facebook a big thumbs down. ...

Aussie Billionaire Files Criminal Case Against Facebook (Meta) for Running Illegal Crypto Ads

Fortescue Metals Group Chairman Andrew Forrest has filed a criminal case against Facebook in Australia for its failure to stop scam ads featuring his image. According to the Australian mining billiona...

Stocks Jump After U.S. Economy Adds Back 467,000 Jobs In January

Topline The stock market jumped on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reser...

Stocks Fall, Bond Yields Surge After U.S. Economy Adds Back 467,000 Jobs In January

Topline The stock market fell on Friday while bond yields surged after the U.S. economy added back a much higher-than-expected 467,000 new jobs in January, a sign to investors that the Federal Reserve...

Australian billionaire sues Facebook for illegal crypto advertisements

According to the Australian billionaire, Facebook’s reluctance to delete the bogus advertising using him and hundreds of other high-profile celebrities were “criminally careless.” Andrew “Twiggy” Forr...

Facebook: biggest daily capitalization loss ever

Yesterday, Meta’s stock (formerly Facebook) drop on the Nasdaq was the worst market capitalization loss ever in a single day for a US company. Facebook, market capitalization collapses In fact, at the...

Aussie Billionaire Andrew Forrest Sues Facebook Over Crypto Scams

Andrew Forrest is one of Australia’s richest men. He has filed a criminal case against Facebook for not preventing scam crypto ads using his likeness on the social network. According to The Australian...

Facebook wasn’t Thursday’s only big loser — these 16 other Nasdaq-100 stocks dropped at least 5%

Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook. Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by ...

Jim Cramer says don’t buy the dip in Facebook parent Meta just yet

CNBC’s Jim Cramer on Thursday reiterated his long-term confidence in Facebook parent Meta Platforms, but said investors who want to take advantage of the stock’s post-earnings plunge shoul...

Facebook Meta – good for the metaverse?

Meta, its shares having crashed 20% on the back of its poorly perceived fourth quarter financial results, is spending most of its earnings on the Metaverse. Is its idea of a centralised and controlled...

Facebook Faces An ‘Existential Moment’ After $230 Billion Stock Crash

Topline Shares of Facebook-parent Meta fell over 25% on Thursday—erasing over $230 billion in market value for its worst trading session in history—after the company’s dismal quarterly earnings report...

Facebook Faces Criminal Case From Australian Billionaire Over Scam Cryptocurrency Ads

Topline Australian billionaire Andrew Forrest filed a criminal case against Facebook, alleging that the social media giant failed to prevent the circulation of fraudulent cryptocurrency ads that featu...

Why Facebook parent Meta’s stock is getting crushed

Facebook parent company Meta (FB) took a shellacking Thursday morning following its Wednesday Q4 earnings results, amid a miss on earnings per share and a dreadful outlook for Q1. Investors fled the c...

Why the Winners and Losers of Meta’s Earnings Will Become Clearer Today

Facebook ‘s parent company is definitely one of the most unfriended on Wall Street right now. Meta Platforms (ticker: FB), which owns Facebook, Instagram, and WhatsApp, is seeing its stock go into fre...

Influencer Impact On Consumer’s Increasing – Facebook Has Less Power

PARIS, FRANCE – OCTOBER 29: In this photo illustration, the Facebook logo is displayed on the screen … [+] of an iPhone in front of a Meta logo on October 29, 2021 in Paris, France. On Oct...

Facebook Owner Meta Set for $200 Billion Wipeout, Among Worst in Market History

(Bloomberg) — Meta Platforms Inc.’s one-day crash may rank as the worst in stock-market history. Most Read from Bloomberg The Facebook parent plunged 22% in early U.S. trading on the back of poo...

Facebook Diem was a waste of time

TL;DR Breakdown Jack Dorsey says Diem was a waste of time. Preached that Meta should have focused on Bitcoin. Meta still open to other crypto project despite Diem failure. Former CEO of Twitter, Jack ...

Australian billionaire sues Facebook over scam ads

TL; DR Breakdown Australian sues Facebook over crypto scam Australian AG consented to the lawsuit Investors were scammed of millions Over the last few years, there have been several high-profile lawsu...

Meta Shares Plunge 20% as Facebook Reports Losing Daily Users for the First Time

Meta, the parent company of the social media giant Facebook, saw its shares plunge in the after-hours trading session. This comes as the company released its Q4 2021 report. Meta, formerly-known as Fa...

Why Facebook lost nearly $200 billion of value in one afternoon

Investors gave Meta CEO Mark Zuckerberg’s grandiose plans to create a metaverse, a digital world accessible through virtual reality, a big vote of disapproval on Wednesday. Shares in the company forme...

Opinion: Meta CFO cries ‘wolf’ again with bleak Facebook outlook — but he may be right this time

Chief Financial Officer David Wehner has warned of impending financial doom at Facebook so many times that this column has dubbed him “the Chicken Little of Silicon Valley.” But this time, the sky may...

Aussie billionaire sues Facebook over crypto scams with AG’s consent

Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue Metals chairman is accusing Fa...

Facebook Parent Meta Ramped Up Stock Buybacks at a Bad Time

Text size Meta’s record $19.2 billion of share repurchases in the fourth quarter amounted to 2% of the company’s shares outstanding. Mandel Ngan/AFP via Getty Images Mark Zuckerberg picked...

Facebook parent Meta stands to shed more than $200 billion in market value after rough earnings report

Shares of Facebook parent Meta Platforms Inc. plunged more than 20% in extended trading Wednesday after detailing a holiday-earnings miss, weak guidance and intensifying competition. Meta FB, +1.25% s...

Nasdaq futures drop as Facebook leads tech shares lower

Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE Nasdaq 100 and S&P 500 futures fell Wednesday night, as traders pored through the latest batch of corporate earnings, which included d...

Snap Stock Plunges On Facebook Report| Investor’s Business Daily

Snap (SNAP) and Pinterest (PINS) both tanked in after-hours trading Wednesday, following a fourth-quarter earnings report from Facebook parent Meta Platforms (FB) that missed estimates across the boar...

Stocks making the biggest moves after the bell: Facebook, Qorvo & more

A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies m...

Meta Plunges as Facebook Users Stall, Forecast Falls Short

(Bloomberg) — Facebook parent Meta Platforms Inc. said user additions stalled in the fourth quarter and gave a disappointing forecast for the current period, raising concerns about the company’s...

Thank Facebook for metaverse bonanza, real estate may sell for $1 billion in 2022

Real estate on metaverse platforms reached $501 million last year. That figure could double in 2022, according to analysts speaking to CNBC. Facebook played a big role in the surge last year, starting...

Facebook Sold its Diem Cryptocurrency Project for $182 Million to Dive into Metaverse and NFT

Feb 02, 2022 at 13:01 // News On January 31, Meta, Facebook’s parent company, announced that it had sold its cryptocurrency project Diem. It seems that this clears the way for their new NFT mark...