Shares of Meta Platforms Inc. shed 2.24% to $210.18 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ.....
Continue ReadingYahoo Finance's Rick Newman discusses the implications of Elon Musk's offer to buy Twitter on Trump's social media platform, Truth Social...
Continue ReadingThe tech world reacts to Elon Musk's huge bid for Twitter...
Continue ReadingWe discuss how even though 2022 may be a lost year for Meta performance-wise, there will be opportunities to generate cash flows. See more on FB stock here...
Continue Reading(Bloomberg) -- Meta Platforms Inc. and Netflix Inc. may have a hard time turning around the slumps that have wiped more than a third off their market value this year, as ongoing business headwinds and a weak macroeconomic backdrop keep investors at bay despite historically cheap multiples.Most Read from BloombergElon Musk Makes $43 Billion Unsolicited Bid to Take Twitter PrivateUkraine Update: U.S., EU to Send More Arms; Warship DamagedCalifornia Lawyer Quits Over Allegation Newsom Meddled in Ac...
Continue ReadingMeta’s plan to monetize its Facebook Horizon Worlds metaverse platform will include a set of hefty fees for creators of virtual items that add up to 47.5%, roughly half of what users bring in. The specifics of the fees were revealed by CNBC this week following a blog post in which the company discussed helping creators earn money on its virtual platform. The problem is, in recent months Meta has made a point of criticizing Apple for its 30% App Store developer fee...
Continue ReadingThe ClearBridge Large Cap Growth Strategy underperformed its Index benchmark during Q1. Click here to know who the primary contributors & detractors were...
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Continue ReadingOverall venture funding declined in the Bay Area from 2021 levels, but that raised by nascent companies jumped, thanks to two companies from very different sectors but with confusingly similar names...
Continue ReadingMeta's big bet on the future of virtual worlds includes plans to charge up to nearly half of transactions between creators and users...
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