Finance
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Activist billionaire investor Carl Icahn has taken a small stake in Cincinnati-based supermarket titan Kroger, and complaining about “animal welfare and employee wages,” he seeks to seat two board members at the company’s annual meeting this summer. Icahn, 86, one of the corporate raiders of the 1980s – among the inspirations for the greedy Gordon Gekko character […]
Last April, Facebook announced a suite of new audio products, including new support for podcasts and a Clubhouse live audio competitor, which was an indication that it was taking the threat from other audio platforms more seriously. Now, barely a year after Facebook began its foray into podcasting and audio features, the company’s interest in […]
What you need to know WhatsApp could be working on allowing users to dictate messages through Facebook Assistant on the Ray-Ban Stories. The feature is likely to be exclusive to Meta’s pair of smart glasses. It was discovered in the latest beta version of WhatsApp. Meta appears to be working on a new way for […]
The NBA playoffs are tipping off with four games today and the latest FanDuel promo code is a great way to get in on the action. This offer gives new users the chance to cash in on this weekend’s games. This FanDuel promo code can be automatically triggered by clicking on any of the links […]
Billionaire Tesla CEO Elon Musk offered to buy Twitter in a deal valuing the social media company at $43 billion. “Twitter needs to be transformed as a private company,” Musk said in a filing Thursday with the Securities and Exchange Commission. “Twitter has extraordinary potential. I will unlock it.” Musk is one of Twitter’s power […]
Mark Zuckerberg in front of 770 Broadway (Getty Images, Google Maps, iStock) Facebook is expanding once again at Vornado Realty Trust’s 770 Broadway. The company, which is now known as Meta Platforms, is adding approximately 300,000 square feet at the office building, Bloomberg reported. The expansion brings the company’s footprint to more than 800,000 square […]
Companies operating in the direct-to-consumer segment and those selling apparel, beauty, healthcare, and electronics products, which saw a significant shift in buyer behaviour from offline to online, were among the top digital advertisers in aftermath of the pandemic, vice president and managing director, India-Meta (formerly Facebook) Ajit Mohan said. “Industries that benefit from the shift […]
A university with a long and distinguished history as the University of Oklahoma is bound to have a distinguished group of alumni and fans. We’re not simply talking about athletes, because the Oklahoma Sooners have some of the most recognizable athletes going in Baker Mayfield, Kyler Murray, and Trae Young. But outside the lines, the […]
The Facebook founder and CEO spoke about a timeline for a functional metaverse, the company’s new focus. There are several challenges to overcome in hardware, AI and useability. “My experience is the future tends to come sooner than you think when you bet on it,” Zuckerberg said. Mark Zuckerberg is still not quite sure when […]
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Meta Faces Another Tough Quarter. One Analyst Sees More Trouble Ahead.
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April 14, 2022
Text size Evercore ISI’s Mark Mahaney set a short-term Underperform rating on Meta shares. NOAH BERGER / AFP / Getty Images There is growing consensus on the Street that Facebook parent Meta Platforms is headed for yet another rough quarter. Meta shares (ticker: FB) have fallen by about a third since the fourth-quarter earnings report, […]