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The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration BEIJING, Jan 19 (Reuters) – ByteDance, the owner of short video app TikTok, announced on Wednesday that it was overhauling its strategic investment team after its business analysis earlier this month highlighted investments with “low synergies”. ByteDance will disband its group-level […]

A 3D printed Fb’s new rebrand brand Meta is positioned on laptop computer keyboard on this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE limitless entry to reuters.com Register Nov 28 (Reuters) – The UK competitors regulator is anticipated to dam Meta Platforms’ (FB.O) acquisition of on-line GIF platform Giphy within […]

Oct 25 (Reuters) – Fb Inc (FB.O) mentioned on Monday it is going to begin publishing the monetary outcomes of its augmented and digital actuality labs as a separate unit, the place it’s investing billions in its ambitions to construct the “metaverse” and because it reported that its most important promoting enterprise faces “vital uncertainty.” […]

Oct 29 (Reuters) – Shares of Meta Platforms Inc (FB.O) rose marginally in premarket buying and selling on Friday after social media large Fb rebranded itself to construct the “metaverse”, a shared digital atmosphere. Chief Government Officer Mark Zuckerberg mentioned on Thursday the brand new identify displays the corporate’s work invested within the metaverse, somewhat […]