/ Meta


Meta Down 1.4% Premarket After $1.3B Fine Over US Data Transfers
/ Policy, Stocks

Meta Down 1.4% Premarket After $1.3B Fine Over US Data Transfers

The fine against Meta is the largest of its kind in the EU so far.

May 22, 2023
Meta Still Committed to Metaverse, Expects Division Losses to Increase

Meta Still Committed to Metaverse, Expects Division Losses to Increase

Meta's Reality Labs division has lost nearly $4 billion this quarter and $13.7 billion in total last year.

April 27, 2023
Meta to Launch Generative AI for Creating Ads This Year: Report

Meta to Launch Generative AI for Creating Ads This Year: Report

Meta plans to eventually integrate its generative AI technology into all of its products and services, including Facebook and Instagram.

April 05, 2023
Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It

Big Firms Loved the Metaverse Not Long Ago; Now They’re Abandoning It

Major metaverse platforms like Decentraland and The Sandbox have seen a sharp decline in the number of virtual land sales too.

March 28, 2023
Meta’s Head of FinTech Says Company “Winding Down” NFT Support

Meta’s Head of FinTech Says Company “Winding Down” NFT Support

Meta is ending support for digital collectibles and focusing on other ways for creators to monetize their work.

March 13, 2023