Meta Threatens to Remove News Content in US

December 6, 2022
Meta has announced that it will remove news content from US Facebook if new law passes.
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Meta Halts Development of Innovative “Facebook Smartwatch”

June 9, 2022
Facebook-owner Meta has reportedly halted the development of its smartwatch which was initially scheduled to be released in spring 2023. It had been in development for around two years.  Like other smartwatches, it would feature activity tracking and music playback, but would also be linked to Meta’s platforms and would have a dual camera, setting […]
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Bezos Pockets $20 Billion While Zuckerberg Loses $29 Billion

February 4, 2022
Mark Zuckerberg saw $29 billion fall from his overall net worth on Thursday as Meta’s stock experienced a record one-day plunge. Meanwhile, Amazon founder Jeff Bezos pocked an additional $20 billion following the e-commerce giant’s blockbuster earnings.  Meta’s stock plunged 26%, erasing over $200 billion in the largest-ever single-day market value wipeout for the US […]
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Cathie Wood Snaps Up $63.8 Million In Facebook Amid Metaverse Ambitions

November 1, 2021
Ark Invest, which was founded by millionaire investor Cathie Wood in 2014, bought 197,259 shares in the Meta stock. The shares are estimated to be worth $63.83 million.  On Friday, shares of the company closed 2.1% higher at $323.57 per share, with Meta set to change its stock ticker from FB to MVRS from December […]
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Mark Zuckerberg Announces Facebook’s New Name As Meta

October 29, 2021
The company said the new name would better encompass what it does as it expands its reach beyond social media and focuses on areas such as virtual reality (VR). While the name change will not apply to the company’s individual platforms, such as Facebook, WhatsApp, and Instagram, the rebrand has nonetheless prompted backlash.  The move […]
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The Dangers Of Putting Profit Before Customers

October 25, 2021
On arrival at the city of Thebes, Oedipus encountered the great sphinx. If Oedipus could answer the sphinx’s riddle, he would be able to enter; if not he would be devoured. In the age of deep tech, our heroes are those who have undertaken their own personal odysseys to become billionaire founders of unicorn startups. […]
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Mark Zuckerberg Loses $5.9 Billion In One Day As Facebook Experiences Rare Outage

October 5, 2021
Forbes reported that Mark Zuckerberg has lost $5.9 billion off the back of the global outage of Facebook, Instagram, and WhatsApp, with the company’s share price slipping 4.8% following the interruption of service. The outage is also expected to prove costly for Facebook from a sales perspective. The company makes approximately $330 million per day […]
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The Frugal Spending Habits Of 3 Billionaires

September 2, 2021
Image by Alessio Jacona from Rome, Italy - Mark Zuckerberg, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=72121838 Frugality or thriftiness might not be words commonly associated with the ultra-wealthy, yet a small subset of the world’s richest people are well-known for their penny-pinching habits. Arguably, it is this characteristic that has enabled them such huge financial success in […]
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Mark Zuckerberg Grows $5.1 Billion Richer As Judge Dismisses FTC’s Antitrust Case Against Facebook

June 29, 2021
Monday’s decision allowed the social media giant to cross the $1 trillion threshold in market value for the first time ever. The rising shares are a cause for celebration for shareholders and CEO Mark Zuckerberg alike. The 4.1% stock price increase has added $5.1 billion to Zuckerberg’s name.   However, the federal judge’s decision and the […]
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Facebook Will Ban New Political Ads During Election Week

September 3, 2020
In a temporary reversal of previously held policies, Mark Zuckerberg has confirmed that Facebook will moderate new ad content.
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Mark Zuckerberg Shrugs Off Facebook Advertiser Boycott

July 3, 2020
The 500 companies who have pulled their advertisements “will be back” before long, the Facebook CEO said.
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Coca-Cola, Honda and Unilever Join Facebook Ad Boycott

June 29, 2020
The #StopHateForProfit campaign has picked up steam as major brands have pulled ads from Facebook in condemnation of the social media platform’s inadequate content moderation.
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