Meta Platforms Inc (NASDAQ: META) is in the red on Monday after the European Commission took an issue with Facebook Marketplace. Meta stock down on possibility of a hefty fine According to the region’...
Tag: Meta
Barron’s 10 Top Stock Picks for 2023
The stock market is coming off its worst year since 2008, but it was finally a good year for value investing—and it was a good year for Barron’s favorite picks, as well. Every December for the past 1...
Software Companies Pushing To Raise The Scope Of Virtual Reality
Two people working on virtual 3d building by using AR glasses. getty At the turn of the century, the concept and initiation of virtual reality (VR) were limited to just the film and TV industry. The a...
Game Industry Pioneer Quits Meta Over VR Strategy Frustration
(Bloomberg) — John Carmack resigned from his leadership role at Meta Platforms Inc.’s virtual reality unit, citing frustration with its slow progress and disagreements over strategy with company...
Warner Bros Invests in Meta Fashion Group
Join Our Telegram channel to stay up to date on breaking news coverage Warner Music Group and DressX, a digital fashion marketplace, have joined forces to provide Web3 fans and music aficionados with ...
Roblox Has 57 Million Daily Users, Half Under 12. What Could Go Wrong?
My kids sat me down for slide presentations on their school-issued Chromebooks detailing what they want for Christmas. Appalling, sure, but I figure they’re building IPO roadshow skills that could pay...
Meta loses virtual reality virtuoso John Carmack
John Carmack, a virtual reality trailblazer and co-founder of video game developer id Software, has resigned as consulting chief technology officer at Meta. “We have a ridiculous amount of peop...
Why Companies Do Layoffs Around Christmas
As job cuts ripple through industries such as tech and media, it is hard not to notice how the holiday season is a really unfortunate time for workers to be getting pink slips. There is arguably no g...
Barron’s 10 Favorite Stocks for 2023
The stock market is coming off its worst year since 2008, but it was finally a good year for value investing—and it was a good year for Barron’s favorite picks, as well. Every December for the past 1...
Meta, Maxar Technologies, Ford, Goldman Sachs and more
The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading. Meta Platforms – Shares of Meta Platforms ro...
JP Morgan’s Analyst Upgrades Meta
JP Morgan’s analyst Doug Anmuth has come up with a new consumer note which states that Meta is showing signs of improving cost discipline and will continue to do so. “Heading into 2023, we believe som...
JPMorgan’ Analyst Changes Meta Rating From Neutral to Overweight
Pre-market trading saw a 1.5% rise in Meta shares, to $117. The stock price is down almost 65% year to date. Doug Anmuth, an analyst at JPMorgan, recently published a consumer note in which he predict...
5 reasons why Meta stock just caught a rare upgrade
Meta’s stock has had a disastrous year in large part because the underlying company has had a disastrous year headlined by sweeping layoffs, weakening ad sales, and poor execution by CEO Mark Zu...
10 Tech Gifts That Can’t Miss
I never know what to get them. I’m like a deer in the headlights. Then it starts to be late. Choices dwindle. So this year, I made a list and checked it thrice. The $399 Oculus Quest 2. Oculus (1) Que...
Meta Lordz Invites Players to Its Imminent MMO Metaverse Game
[PR – London, England, 15th December, 2022, Chainwire] Meta Lordz is inviting metaverse adventurers to team up with fellow warriors and fight enemies of the realm. Intrepid explorers have the opportun...
Ten Tech Gifts That Can’t Miss
I never know what to get them. I’m like a deer in the headlights. Then it starts to be late. Choices dwindle. So this year, I made a list and checked it thrice. The $399 Oculus Quest 2. Oculus (1) Que...
Infinite Reality CEO Thinks Meta has Not Done a Great Job Defining Metaverse
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
Polygon L2 Adoption Pumps on Starbucks, Reddit, Meta Deals
Layer 2 solutions like Polygon have created a significant stir in the crypto sector in 2022. Partnerships, integrations, and even development activity have helped the network remain afloat. But there ...
Real Calamity Far Outpaces Virtual Reality At Struggling Social Media Pioneer Meta Networks
Fetishizing a company is easy to do when you consider Zuckerberg made himself and early shareholders … [+]s fabulously rich through a series of brilliant maneuvers during the growth phase of Fac...
Google Moves to Cut Costs. The Tech Gravy Train Has Hit the Brakes.
After years of rapid growth amid bumper profits, the tech sector is now firmly in cost-cutting mode. Alphabet Google was the latest company to highlight this Thursday, confirming plans to merge the te...
The FTC’s Metaverse Mix-Up, Gorillaz Free Concert In AR
It wouldn’t be a week in XR unless Meta was making news. This week finds Meta in the federal courthouse in San Jose. The FTC sued to block Meta’s acquisition of Within, the VR company behind the hit f...
Brazilian Fintech firm in talks with Meta to process WhatsApp payments
MercadoLibre, an e-commerce retailer and fintech in Latin America, has initiated talks with Meta to process payments for its WhatsApp messaging service, which will kick-start in Brazil. Earlier, Pedr...
Meta Layoffs – Facebook Continues To Cut Costs By Cutting Headcount
| Getty Images Key Takeaways Advertising income has begun to slow as fears of a 2023 recession mount. As it creates the metaverse, Meta continues to lose large amounts of money, some $9.4 billion in t...
Intel begins layoffs and offers unpaid leave to manufacturing workers
The layoffs and cost-cutting that Intel Corp. executives recently warned about have begun in California, with a couple of hundred employees set to lose their jobs next month, and manufacturing employe...
Some Meta Employees Embroiled In Dispute Over Severance Package Promised By Mark Zuckerberg
A group of Meta Platforms, Inc (NASDAQ: META) workers who joined via a corporate training program alleged inferior severance packages compared to other workers whom the company recently laid off. The ...
Bitcoin More Recession-Resilient Than META, Comparison Shows
Bitcoin continued to make new bear market lows and has essentially failed as an inflation hedge. The ongoing recession-like macro environment has dramatically reduced the price per BTC and the share p...
GEC incorporates Chainlink Data to support Meta Oracles with IoT
Geometric Energy Corporation (GEC) has been able to successfully incorporate the weather-based data and pricing of cryptocurrency of Chainlink Data Feeds, with the aim and intention of being able to s...
Tech jobs gain despite wave of layoff announcements, but warning signs abound
The tech industry continued to add jobs despite the tens of thousands of layoffs that were announced in November, though tech job postings continued a downward slide, according to an analysis of U.S. ...
Meta faces lawsuit for harvesting financial data from tax prep websites
A group of anonymous plaintiffs who filed their taxes online in 2020 using H&R Block has sued Meta, accusing the company of violating users’ trust and privacy. If you’ll recall, a rece...
While Meta and Coinbase experience crypto layoffs, BudBlockz bridges the cannabis and crypto worlds.
The cryptocurrency world has been on a long winter season. The market seemingly getting worse as each day goes by. Many investors have been affected and have experienced great losses in their investme...
Facebook Parent Meta Dips Toe Back Into Policy Circles to Boost Metaverse
Meta hopes for an eventual “interconnectability” between the different global jurisdictions that will be wrestling with rules for the metaverse economy, said Edward Bowles, the company’s head of finte...
Meta ‘powering through’ with metaverse plans despite doubts — Zuckerberg
Meta CEO Mark Zuckerberg is still hopeful about the company’s metaverse plans regardless of the billions of dollars it’s sucking up from the company, claiming “someone has to build that.” Appearing re...