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The Latest Breaking News from Facebook

Meta rivalry with Apple inflamed as Facebook parent company share price plummets

Zuckerberg blames ‘headwinds’ from Apple’s new iOS and changes in privacy for the record drop in value

The Guardian - US

COVID updates: All the coronavirus news you need in the one place — as it happened

Get up to speed on all the coronavirus news from across Australia.

ABC News

Michael Hiltzik: A flailing Mark Zuckerberg wants Facebook to pivot to video — again

If the old saw is true about insanity defined as doing the same thing over and over again and expecting a different result, what are we to think about Mark Zuckerberg's latest idea to save his company?

Los Angeles Times

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Trump says Facebook losing users because of his site ‘Truth Social’, which will welcome banned ‘Freedom Convoy’ truckers

Former president revelled in Facebook’s declining users, saying he welcomes them “with open arms” on his rival platform

The Independent UK

Metaverse Stocks Meet Terrestrial Realities

Facebook (Nasdaq: FB) took the broader market down with it on Thursday when earnings disappointed the Street.

Benzinga

Better Buy for 2022: Facebook vs. Snap

Today I'll analyze and compare Meta Platforms (FB) and Snap (SNAP) to determine which social networking platform is currently a better buy.

StockNews.com

AOC: Facebook's 'Disinformation' Has 'Sabotaged' Pandemic Response

Another week, another set of allegedly democracy-protecting politicians trying to crack down on what the little people can say on social media.

Reason

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Mark Zuckerberg tearfully announces Facebook's pivot to video... again

The perfect strategy, really. What could go wrong?

Input

Faceplant: Lesson's From Facebook Parent Meta Platform's Fall. Stop Losses Won't Save You. Here's What Will.

Tough Scene At Facebook On Thursday

Benzinga

This Day In Market History: Mark Zuckerberg Launches Facebook

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Feb. 4, 2004, Mark Zuckerberg launched Facebook, Inc (NASDAQ: FB).

Benzinga

Meta Agrees To Pay $2M Penalty To British Regulator

Britain's Competition and Markets Authority penalized Meta Platforms Inc (NASDAQ:FB) £1.5 million ($2 million) over new issues regarding its purchase of Giphy, Reuters reports. The CMA ordered Meta to sell animated images platform Giphy, which Mark Zuckerberg-led Facebook had acquired for a reported $400 million in May 2020, after concluding that remedies offered…

Benzinga

A woman shares how 3-4 male avatars virtually gang raped her avatar in metaverse! Here is what we need to know about metaverse and mental health

"A virtual-reality space in which users can interact with a computer-generated environment and other users is metaverse," defines Oxford Language dictionary.

The Times of India

Facebook’s owner Meta sees its biggest ever market loss

Facebook’s owner Meta has seen its biggest ever market loss, to the tune of $230bn (£169bn).

Evening Standard

Meta fined by UK watchdog again over enforcement order breaches

Facebook's parent company has been told to pay a £1.5m fine for failing to alert the Competition and Markets Authority of a personnel change

Wales Online

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Benzinga

Could The Meta Platforms Meltdown Continue?

Shares of Meta Platforms Inc (NASDAQ: FB) plummeted more than 26% after the Facebook parent reported disappointing fourth-quarter results and issued weak guidance.

Evening Standard

Amazon and Facebook send global stock markets on billion-dollar rollercoaster

Amazon has booked one of the biggest opening price gains in Wall Street history, ending a rollercoaster week for US tech titans and the pension pots worldwide which rely upon them.

Benzinga

Jim Cramer Says Facebook-Parent Meta Has Become Undervalued But Here's Why You Should Wait Further To Buy

CNBC host Jim Cramer said investors wanting to buy Meta Platforms Inc. (NASDAQ: FB) stock should wait for the stock to find a bottom as institutional selling is extensive.

The New Daily

‘Unprecedented moment’: Why Facebook is declining and what it means for social media

Billions have been wiped off the value of Facebook as a declining usership, risky investments, and damaged reputation has people running scared.

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news in one place.

100's of premium titles.
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Asharq Al-Awsat

Meta Slump and Interest Rate Fears Drag Stocks Lower

Stock markets slid Thursday, dragged down by a massive plunge in the shares of Facebook parent company Meta following disappointing earnings, as well as indications central banks may move more aggressively to raise interest rates.

ABC News

Winter Olympics opening ceremony: Beijing 2022 Games are officially open after stirring ceremony at the Bird's Nest

The 2022 Beijing Winter Olympics are underway, after a stirring opening ceremony. Australia's team make their entrance to the Bird's Nest stadium where a shirtless American Samoan steals the show. Look back on all the action.

The Guardian - UK

No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Times of India

Explained: Why Meta suffered biggest wipeout in history

NEW DELHI: Facebook parent Meta crashed 26 percent in US trading on Thursday on the back of poor earnings results with founder Mark Zuckerberg's wealth plunging by as much as $31 billion in one of the biggest one-day wealth drops ever.

The Independent UK

Asian markets shrug off tech-led selloff on Wall Street

Asian markets are mostly higher after a historic plunge in the stock price of Facebook's parent company helped yank other tech stocks lower on Wall Street

Pedestrian.tv

Mark Zuckerberg Just Lost $40B & We’re Feeling Very Tee Hee About The Whole Thing

Stonks.

Axios

Meta's price drop shakes tech's confidence

We've forgotten that tech stocks are famously volatile and risky. Now we remember.

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