Meta Platforms Inc. suffered a serious loss, witnessing its market value plummet by $200 billion. The decline happened following the company’s first-quarter earnings call, during which CEO Mark Zuckerberg highlighted the company’s substantial investments in artificial intelligence (AI) and the Metaverse, instead of concentrating on immediate revenue streams. Despite aRead More →
The metaverse is a hypothetical concept that has not yet been fully realized, but many experts and companies are working on developing it. Mark Zuckerberg is one of these ‘believers’. Future challenge The metaverse is quite likely to happen in the future, as technology advances and demand for immersive andRead More →
Mark Zuckerberg, the CEO and cofounder of Meta Platforms Inc., sold some $190 million worth of Meta shares in November 2023, and another $238 million in December 2023. These were his first stock sales since 2021, when he sold $2.9 billion worth of shares. Meta Platforms is one of theRead More →
Meta has announced a series of new chatbots to be used in its Messenger service. Charming The chatbots will have ‘personality’ and specialise in certain subjects, like holidays, and cooking. Let’s hope they haven’t been modelled on the company boss then. It is the latest attempt in a chatbot ‘chat’Read More →
Meta Platforms, Inc. (Nasdaq: META), formerly known as Facebook, has seen its stock price soar in 2023, a straight nine month gain in a massive turnaround after a dismal performance in 2022. Meta is the parent company of social media apps such as Facebook, Instagram, WhatsApp and Messenger, as wellRead More →