Tag FB

Facebook once called its Portal family of devices, first introduced in 2018, “the future of video calling” — and spent big on ad campaigns pushing the products. Now the social media giant, since renamed Meta Platforms, is switching gears: The company will no longer produce consumer versions of the Portal and instead will focus on […]...

UBS has upgraded Tesla stock to 'Buy'; Meta has officially changed its NYSE ticker symbol to "META"; and cruise lines are seeing pricing declines from May to June, according to Bank of America...

Meta stock has crashed more than 50% from last year's trillion-dollar peak amid worry that the sun has set on Facebook's dominance of social media — for both users and advertisers alike. While Q1 earnings on April 27 seemed to rule out the worst-case scenario for Meta Platforms despite a revenue miss, the relief rally quickly faltered. Numerous Wall Street analysts still have 300+ price targets for Meta stock, which officially changed its ticker to META from FB as of June 9...

Yahoo Finance markets reporter Jared Blikre looks at market and sector volatility, the bond market, Meta, Chinese stocks, and ARK ETF components...

The test couldn’t have been much easier — and Facebook still failed. Facebook and its parent company Meta (META) flopped once again in a test of how well they could detect obviously violent hate speech in advertisements submitted to the platform by the nonprofit groups Global Witness and Foxglove. The hateful messages focused on Ethiopia, where internal documents obtained by whistleblower Frances Haugen showed that Facebook’s ineffective moderation is “literally fanning ethnic violence,” as she said in her 2021 congressional testimony...

Apart from Meta, the sector is taking a cautious approach to the next mass market computing platform...