Meta has Lost over US $ 230 B in Market Value
Facebook parent Meta dropped with shares set to a enter bear market after months of volatility triggered by a whistle-blower’s revelations and disappointing quarterly results. The selloff is now more than 20% since its closing record on Sept. 7, erasing over $230 billion in market value. Meta’s
“Meta” facebook’s New Name
Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on its ambitions building the “metaverse,” a shared virtual environment that it bets will be the next big computing platform. The rebrand comes as the world’s largest social media company battl
Facebook plans to change its name
Facebook Inc (FB.O), under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new group name that focuses on the metaverse, the Verge reported on Tuesday. The name change will be announced next week, The Verge reported, citing a source with direct kn