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US group says finds Facebook posts offering endangered wildlife for sale

Facebook has become a "thriving marketplace" for illegal online wildlife trading, allowing the sale of many critically endangered species, a report by the U.S.-based campaign group Avaaz said on Wednesday. Avaaz researchers said an investigation into the social media platform uncovered 129 posts listing endangered species that were up for sale, including baby tigers, African grey parrots and the pygmy marmoset, the world's smallest monkey. "Avaaz's research shows that, on Facebook, wildlife trafficking takes place in broad daylight," said Ruth Delbaere, senior legal campaigner with Avaaz...

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Planet Green Shares Jump 37%

By Denny Jacob Planet Green Holdings Corp. shares jumped roughly 37% to $1.12 during a volatile trading session Wednesday. Trading was paused for volatility.....

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Meta to take nearly half of sales made by its metaverse creators as fees

The overall charge comprises of 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets, and a further 17.5% cut as its Horizon platform fees, a Meta spokesperson told Reuters on Wednesday. On Monday, the tech giant said it would start testing tools for creators to sell digital assets and in turn make money on Horizon Worlds, a key part of its plan for creating a metaverse...

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Meta’s Earnings Could Fall Short of Estimates—Again. What Wall Street Is Saying.

Meta’s first-quarter earnings report is due on April 27 after the close...

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Yahoo Finance Presents: Cathie Wood

Yahoo Finance’s Julie Hyman sits down with ARK Invest Founder & CEO Cathie Wood to discuss her fund's performance, crypto investing, and her vision for the future of the auto sector...

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Putin may envy China’s internet but Russia can’t easily build its own Great Firewall

The Russian government has cracked down on social media and so-called misinformation during the Ukraine conflict...

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Top 10 Stocks on our Options Flow Leaderboard this week!

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Meta, Snap Sued by Mother of Wisconsin Teen for His Suicide

(Bloomberg) -- Meta Platforms Inc. and Snap Inc. were sued over a teenager’s suicide in the latest effort by an advocacy group to hold the social media giants responsible for addiction to their platforms.Most Read from BloombergPutin Says Ukraine Talks ‘at Dead End’, Vows to Pursue WarNYC Names Person of Interest as Subway Shooter Remains at LargeUkraine Update: Biden Accuses Putin of Genocide, Sends More ArmsU.S. Pullout of Locked-Down Shanghai Deepens China TensionsUkraine Update: U.S. Warns I...

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Meta to charge up to 47.5% in fees for metaverse sales

Yahoo Finance's Dan Howley details Facebook parent company Meta's outlook on selling accessories and experiences in the metaverse, amid the company's longest losing streak since May 2019...

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Money Manager Still Likes Amazon, Other Big Names

Shares of Amazon , Meta Platforms and Netflix may have dropped in recent months, but Bill Nygren portfolio manager at Oakmark isn't giving up on them. As for retail/technology giant Amazon, it has its appeal. "Recently, concerns about rising investment spending have weighed on the stock — as they have in times past — providing us another opportunity to purchase shares at an attractive multiple of normalized earnings and a discount to its peer-weighted enterprise value-to-sales multiple," Nygren said in a letter to Oakmark Fund shareholders, cited by MarketWatch...

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