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Meta stock surges to 14-month high even as Metaverse bleeds billions
The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.
The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.
Shares of the Facebook parent rose 4% following the announcement and are up 50% year-to-date.
Amid TikTok’s explosion in popularity, other social media platforms are trying out their own versions of its signature features.
The Meta-backed platform aims to help kids and teens get naked or sexual content of themselves removed from social media.
How a shamanic initiation gave Catriona Wallace a new drive to tame the metaverse Dr Catriona Wallace is in the Peruvian jungle, deep into a month-long shamanic initiation, when the inspiration hits her. She has the brewed ayahuasca tea lighting up her brain. And always the questions: “What is my path? What is my purpose?” […]
The program will launch in Australia and New Zealand this week, months after Twitter’s new owner Elon Musk rolled out a similar program.
Meta, the parent company of Facebook and Instagram, plans to appeal the decision.
It was a tough year for tech billionaires, Russian oligarchs–and Elon Musk.
Tesla remains the 5th largest stock in the S&P index after losing $500bn in market capitalization in the last 12 month.
Focus on the metaverse comes as advertising revenues are under pressure.