Business
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A prolonged slowdown would make it tougher for the company to justify Mr Zuckerberg’s expensive, virtual-reality-fuelled vision of the metaverse, a business that won’t bring in profit for years – if ever. Meta said that in light of the revenue outlook, it is paring its spending plans for the year, to $US87 billion to $US92 […]
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The Government announced a package of support earlier this year, known as the Energy Bills Rebate, to help households with rising energy costs. About 20 million homes are to benefit from a £150 one-off payment, distributed to households from the start of April, according to which council tax band they belong to. The £9.1 billion […]
I bond interest rates are setting records. They now pay 7.12% and will jump to 9.62% next month. That’s the good news. The bad news is you can’t invest more than $10,000 in I bonds each year (plus another $5,000 with a tax refund). So if you still have money left to save, here are […]
Facebook’s owner Meta will Monday are searching to overturn a legal ruling by using Britain’s opposition authority requiring it to drop its deliberate merger with online GIF creator Giphy. Last November, the Competition and Markets Authority (CMA) found Meta’s $four hundred million (£290m) proposed takeover of Giphy, which supplies lively Gifs or mini videos to […]
NYC apartments are scarce as rent skyrockets, bidding wars erupt News Sports Entertainment Life Money Tech Travel Opinion One young NYC resident was floored by his 43% surge in rent.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/36C6X5YTBRM55ANJQNQJGYVNBM.jpg "U.S. lawmakers urge Facebook to do more to fight Russia propaganda in Spanish")
3D-printed images of the logos of Facebook and parent company Meta Platforms are seen on a laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 20 (Reuters) – A group of 21 U.S. lawmakers sent a letter to Facebook chief executive […]
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 […]
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