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2:32
Yahoo
Meta stock jumping as Bloomberg reports Metaverse budget cuts
Meta Platforms (META) stock is jumping in Thursday's premarket trading on reports that the company will be cutting its Metaverse budget by up to 30%, according to Bloomberg reporting. Yahoo Finance tech editor Dan Howley reflects on the company's Metaverse project since its introduction in 2021. To watch more expert insights and analysis on the ...
3 months ago
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Meta owns Facebook, Instagram, WhatsApp, Messenger and Threads - platforms that have transformed society over the past two decades. It is not taking the responsibility that comes with huge power and influence seriously. Rather than protecting users, Meta relentlessly pursues profit while ignoring the serious harm caused by its products. | David Pocock
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