Meta Platforms (META) finished last week with some strength, surging over 7% on a big up day for technology stocks. Though there's no shortage of issues with the Meta story, it's hard to overlook the ...
The Daily Overview on MSN
Instagram Reels turned from TikTok clone into Meta's $50B machine
Instagram Reels started life as a defensive move against TikTok, but it has quickly become one of the most lucrative products ...
For the first time ever since going public in 2007, Meta (aka Facebook) reported a decline in quarterly revenue year over year. The company’s revenue was $28.82 billion — a 1% decrease from $29.07 ...
It has been one of the worst times to be a Meta Platforms (NASDAQ: META) investor, with the stock down a whopping 70% since hitting an all-time high in the latter half of 2021. Amid difficult times ...
2022 was a no good, very bad year for Meta’s stock. It was the year that Meta reported its first-ever revenue decline – yet shares soared by more than 30% in after-hours trading on Wednesday following ...
Meta has shifted away from pitching the metaverse to advertisers, The Information reported. In pitch meetings, the company has reportedly been prioritizing Reels and AI tools. The move comes as the ...
Vivica A. Fox’s avatar in the metaverse ahead of her hosting role at the 9th Annual American Reality Television Awards. Pic credit: Reel Mood, LLC When people think of the metaverse, they often think ...
Meta Platforms posted its first-ever drop in revenue during the second quarter of 2022. With that aside, it's observing rapid growth in its new short-form video Reels format on Instagram. The company ...
Mark Zuckerberg’s metaverse pivot is off to slow start. The company now known as Meta lost just over $10 billion on its Reality Labs division in 2021, according to its fourth-quarter earnings report. ...
Just prior to the call, shares in Meta Platforms plunged in after-hours trading after the company missed Wall Street forecasts for earnings in the quarter ending December 31. The stock, which has ...
Music has gone old-school in the metaverse. The TapeHeads are a group of 10,000 music fans who collect cassette tapes. Holders of the TapeHead can help establish a music metaverse, a virtual-reality ...
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