Meta Platforms Inc
Stock futures tick up ahead of key Fed decision
Stock futures ticked up in overnight trading as traders await the Federal Reserve’s latest interest rate decision, scheduled to be announced Wednesday afternoon. Futures on the Dow Jones Industrial Average rose by 66 points, or 0.21%. S&P 500 futures gained 0.55% and Nasdaq 100 futures increased 1.06%. Shares of Enphase Energy gained about 6% after […]
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Apple’s earnings will give a peek into the mindset of the high-end consumer
Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 6, 2022. David Paul Morris | Bloomberg | Getty Images Apple reports earnings on Thursday for the quarter ended in June. The third quarter of Apple’s fiscal year is […]
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Alphabet misses on earnings and revenue for second quarter
Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019. Josh Edelson | AFP | Getty Images Alphabet reported weaker-than-expected earnings and revenue for the second quarter. The stock rose about 2% in extended trading. Here’s how the company did: Earnings per share […]
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Facebook parent Meta raises price of its Quest 2 VR headset by $100
Facebook parent Meta has raised the price of its Quest 2 virtual reality headset by $100, as the company reckons with inflationary pressures. Meta announced the price increase on Tuesday via a Twitter post. Starting Aug. 1, the 128 GB version of the Quest 2 will cost $399, while the 256 GB model will cost […]
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After getting slammed by the Kardashians, Instagram CEO puts out a video to explain changes to the app
Adam Mosseri, CEO Instagram Courtesy: Adam Mosseri Instagram head Adam Mosseri shared a video on Twitter Tuesday explaining recent changes to the social media platform, a day after celebrities like Kylie Jenner and Kim Kardashian criticized the app for “trying to be TikTok.” Mark Zuckerberg, CEO of Meta, which owns Facebook and Instagram, has been […]
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How U.S. gun manufacturers market their firearms despite restrictions
On Wed., July 27, the House Committee on Oversight and Reform is holding a hearing with the CEOs of firearm manufacturers Daniel Defense, Smith & Wesson and Sturm, Ruger & Co. on the topic of gun violence in America, with a special focus on the sales and marketing of assault rifles. The hearing comes amid […]
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You can change your Instagram feed so it looks less like TikTok and only shows posts from your friends. Here’s how
Facebook launches his new feature ”Reels” on Instagram in 50 countries around the world. Lorenzo Di Cola | NurPhoto | Getty Images Instagram is catching heat for copying rival TikTok. On Monday, Kylie Jenner and Kim Kardashian both posted stories that read: “Make Instagram Instagram Again. Strop trying to be tiktok I just want to […]
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Shopify stock sinks 15% after company says it will lay off 10% of workers
An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shopify is laying off roughly 1,000 workers, or around 10% of its global workforce, the company announced Tuesday. Shares of Shopify sank more than 15% in early trading following the announcement. In a memo to staff, CEO Tobi Lutke acknowledged he […]
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Company called META that claims Facebook stole its name is suing for infringement
Imagine waking up to find that the name of the business you created more than a decade ago has been suddenly hijacked by one of the most powerful companies in the world. That’s what Justin Bolognino says happened to him, when Facebook rebranded itself as Meta last year. His small business is called META — […]
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Sisters Kylie Jenner and Kim Kardashian urge Instagram to stop copying TikTok
Kylie Jenner on May 03, 2019 in New York City. Pierre Suu | GC images | Getty Images Celebrity sisters Kylie Jenner and Kim Kardashian criticized Instagram on Monday, urging the app to stop mimicking rival TikTok. To their hundreds of millions of Instagram followers, Jenner and Kardashian posted a message that read, “Make Instagram […]
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