Pinterest shares dip on weak outlook, revenue miss
Pinterest shares plummeted in extended trading on Thursday following the company's disappointing revenue report and a weaker-than-expected forecast. However, the stock managed to recover some...
Tag : Meta
Meta shares surge 20% after announcing first-ever dividend
Meta, the parent company of Facebook, experienced a staggering 20% surge in its stock value during Friday's trading session. This dramatic increase came on the...
Meta and Ray-Ban unveil advanced smart glasses
The newly introduced Ray-Ban Meta smart glasses, a collaborative creation of Meta Platforms, Inc. and EssilorLuxottica, represent a significant advancement in wearable technology. Launched during...
Digital ad resurgence propels Meta to a 23 percent revenue spike in Q3
In a surprising reveal, tech giant Meta has exceeded market predictions with a substantial 23% rise in its third quarter revenue, marking the steepest growth...
Unexpected ally, Taliban sides with Twitter in social media clash
In an unanticipated development, Anas Haqqani, a key leader of the Taliban, has entered the ongoing social media feud between Twitter and Threads. He publicly...
Meta’s Threads versus Twitter, a battle of visions and leadership
The advent of Meta's Threads app, while a significant milestone in the social media sphere, has raised significant concerns for Twitter, particularly amidst recent internal...
Meta forges ahead with AI research, rejecting Elon Musk-backed pause request
Meta CEO Mark Zuckerberg and top executives are heavily focused on artificial intelligence (AI) development, according to the company's Chief Technology Officer, Andrew Bosworth. He...
Spotify will reduce its workforce by 6 percent
In an effort to prepare for a possible recession, music streaming company Spotify Technology announced on Monday that it is planning to lay off 6%...
Funding for metaverse projects is raised with a $10 billion bond issue by Meta
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday. The technology giant plans to...