Meta

Mark Zuckerberg’s $300 Million Superyacht Purchase

Mark Zuckerberg, CEO of Meta, has made headlines with his $300 million superyacht purchase, named Launchpad. The 387-foot Feadship beauty is equipped with a helipad, dive center, and decompression chamber, making it a perfect fit for the adventurous tech tycoon. Zuckerberg’s entry into the world of shipowners has stirred up quite a buzz in the maritime world.

Facebook and Instagram Restored After Global Outage

Facebook and Instagram have been restored after a global outage attributed to a ‘technical issue’. The disruption impacted users worldwide, highlighting the widespread reliance on Meta’s platforms. Despite recent outages, Meta faces challenges and initiatives, including addressing AI-generated content and legal action in London.

Threads to Release API by End of June, Opening Doors for Third-Party Apps

Threads, the social platform, is set to release its API by the end of June, enabling developers to create third-party apps and websites to directly publish content. Instagram head Adam Mosseri has expressed concerns about an influx of publisher content. The release of Threads’ API is anticipated to bring significant opportunities for developers and users, shaping the future of social media interaction and content creation.

Exploring Meta Quest 3 Games and Apps in February 2024

Explore the top Meta Quest 3 games and apps for February 2024, including a VR 3DS emulator, CitraVR, and the thrilling Stranger Things VR experience. Discover the potential of more flatscreen gaming coming to Quest and the captivating addition to the Stranger Things universe through VR.

Meta Platforms Inc. Adds Two New Members to Board of Directors

Meta Platforms Inc. appoints Hock E. Tan and John Arnold to its board of directors, following the departure of Sheryl Sandberg. CEO Mark Zuckerberg expresses excitement about the expertise Tan and Arnold bring, particularly in silicon and energy infrastructure, crucial for Meta’s long-term vision, including the development of artificial general intelligence. With the addition of Tan and Arnold, Meta’s board now comprises 11 members, including Sandberg, who is set to step down at the company’s annual shareholder meeting in May. Prior to joining Meta’s board, Tan had collaborated with the company in his capacity at Broadcom, while Arnold has been involved in criminal justice reform initiatives, aligning with Zuckerberg’s investment company, CZI.

Meta’s Horizon Worlds Ranks Among Top 10 Most Used Apps on Quest Store in the US

Meta’s Horizon Worlds achieves a significant milestone by becoming one of the top 10 most used apps on the Quest Store in the US, reflecting its growing popularity among Quest owners. This surge can be attributed to continuous enhancements and the establishment of a new studio dedicated to developing high-quality games within Horizon using imported 3D assets. As the metaverse gains traction, Meta’s Horizon Worlds offers an immersive and evolving experience for users.

Stocks in Technology and Consumer Goods Sectors Experience Significant Movement

Stocks in the technology and consumer goods sectors experienced significant movement during midday trading on Friday. Meta, Apple, Intel, Amazon, and Clorox were among the companies that saw notable changes in their stock prices. Meta, formerly known as Facebook, saw…

Meta CEO Mark Zuckerberg Faces Congressional Criticism and Investor Praise

Meta CEO Mark Zuckerberg has had a tumultuous week, facing criticism from Congress over harmful content on his platforms while also being lauded by investors for the company’s financial performance. In a Threads post on Thursday, Zuckerberg reflected on the…

Meta Platforms, Inc. Sees Significant Surge in Share Price Following Positive Quarterly Results

Meta Platforms, Inc., formerly known as Facebook, has seen a significant surge in its share price, with a gain of over 20% in New York following the release of its quarterly results. This surge comes in the wake of Jefferies…

Meta Reports Better-Than-Expected Fourth-Quarter Earnings

Meta, formerly known as Facebook, has reported better-than-expected results for its fourth-quarter earnings, causing a 15% surge in its shares during extended trading. The tech giant also announced its first-ever dividend payment, marking a significant milestone for the company. The…