Meta – News Stories About Meta - Page 5

Meta Plunge Knocks
Zuckerberg Out of
Top 10 Billionaires

Feb 4, 2022 5:13 AM CST

Meta Plunge Knocks Zuckerberg Out of Top 10 Billionaires

Bezos is set to get $20B richer

(Newser) - Share price swings have brought the fortunes of two tech billionaires up—and down—by amounts equivalent to the GDPs of small countries. Shares in Meta, Facebook's parent company, plummeted 26% on Thursday, bringing Mark Zuckerberg's net worth down by around $29 billion to $85 billion, reports Reuters...

Meta Loses $200B
in Market Value
Within Hours

Feb 3, 2022 9:55 AM CST

Meta Loses $200B in Market Value Within Hours

Facebook's daily users fell in Q4 for the first time

(Newser) - For the first time in its 18-year history, Facebook is losing more daily users than it's gaining—and Meta and its CEO are feeling the burn. Shares in the company plunged more than 20% in after-hours trading Wednesday, wiping out $200 billion in market value, after Facebook reported losing...

She Was Known as 'Metaverse' on Insta. Then FB Became Meta

Artist: 'Metaverse' Insta Handle
Blocked After FB Name Change

Dec 14, 2021 9:25 AM CST

Artist: 'Metaverse' Insta Handle Blocked After FB Name Change

Australia's Thea-Mai Baumann used the 'metaverse' handle, then suddenly got blocked

(Newser) - For nearly a decade, Thea-Mai Baumann, once the owner of an augmented-reality company called Metaverse Makeovers, used the Instagram handle "metaverse" to showcase her creative work. Last month, however, the Australian artist says she suddenly wasn't able to access her Insta, and she suspects Facebook's recent rebranding...

Facebook Exec:
Don't Blame Us for
Misinfo, Blame
Yourselves

Dec 13, 2021 7:20 AM CST

Facebook Exec: Don't Blame Us for Misinfo, Blame Yourselves

Incoming Meta CTO Andrew Bosworth says individuals bear responsibility for the spread

(Newser) - We all agree, for the most part, that the spread of misinformation has worsened today's politics and handling of contemporary health issues like COVID. What we may not all agree on, however, is the role that social media plays in promoting that spread. Andrew Bosworth, for instance, a longtime...

State AGs Launch Probe of Instagram's Effects on Kids

Bipartisan Group of AGs
Is Investigating Instagram

Nov 19, 2021 5:04 AM CST

Bipartisan Group of AGs Is Investigating Instagram

They say Meta ignored research about dangers posed to young people

(Newser) - A group of state attorneys general is investigating the photo-sharing platform Instagram and its effects on children and young adults, saying its parent company Facebook—now called Meta Platforms—ignored internal research about the physical and mental health dangers it posed to young people. The investigation is led by a...

Internet Delights in Mocking
Facebook's New Name

THE RUNDOWN

Oct 29, 2021 7:06 AM CDT

Internet Delights in Mocking Facebook's New Name

'Changing name to Meat,' Wendy's quips

(Newser) - Facebook has been accused of driving people apart—but commentators were near-unified in mocking the company after CEO Mark Zuckerberg revealed its new virtual-reality focused name Thursday. There were countless jokes about the name Meta, as well as concerns about what Zuckerberg is planning for what he calls the "...