Yahoo Finance's Daniel Howley explains Meta's plan to implement virtual currency inside the metaverse, Chipotle's partnership with Roblox, and other brands such as Wendy's jumping on metaverse platforms...
Continue ReadingSAO PAULO (Reuters) -Facebook owner Meta Platforms said on Thursday it had removed a network of social media accounts with ties to the Brazilian military that posed as fake nonprofits to play down the dangers of deforestation. Although the individuals involved in the network were active military personnel, Meta's investigation did not find enough evidence to establish if they were following orders or acting independently, said a person with knowledge of the matter. Meta's quarterly report could be damaging to Brazil's President Jair Bolsonaro...
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Continue ReadingYahoo Finance’s Dan Howley discusses reports of Meta exploring a virtual currency...
Continue Reading(Bloomberg) -- Analysts are standing pat with their bullish views on Roblox Corp. even after investors fled, erasing almost $51 billion in market value for the company that’s become a great hope of believers in the potential of the metaverse. Most Read from BloombergCanada to Ban Foreigners From Buying Homes as Prices SoarMocked as ‘Rubble’ by Biden, Russia’s Ruble Comes Roaring BackUkraine Update: UN to Vote on Dropping Russia From Rights BodyRussia Skirts Nearer Default After Dollar Payment Bl...
Continue ReadingReports surfaced Thursday that Facebook parent Meta could introduce digital tokens and lending to its apps. Here's what you need to know...
Continue ReadingIt hasn't been a fun year for social media conglomerate Meta Platforms (NASDAQ: FB). The stock price has been down more than 20% over the past year, underperforming the market. It has to do with how much Meta spends on share repurchases...
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