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 →
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 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 →
Threads Open Social Network Threads is a new app, owned by Meta (Facebook), and built by the Instagram team, for sharing public conversations akin to Twitter. You log in using your Instagram account and posts can be up to 500 characters long and include links, photos, and videos with a 5 minute limit. Threads is Meta’s first app envisionedRead More →