This 29-year-old book predicted the ‘metaverse’ — and some of Facebook’s plans are eerily similar

By changing Facebook’s name to Meta, Mark Zuckerberg has made it clear he thinks the future of the internet lies in something called the “metaverse,” a virtual world where people will live, work and play. It’s a futuristic idea — but the term’s origin actually comes from the past. Almost 30 years ago, in fact.… Continue reading This 29-year-old book predicted the ‘metaverse’ — and some of Facebook’s plans are eerily similar

FACEBOOK ‘META’ CHANGETrademark Applicants Will Sell To Zuck …FOR $20 MILLION

It might not be smooth sailing for Mark Zuckerberg in his quest to change Facebook’s identity, because we’ve learned someone was already ahead of him in trying to grab the “Meta” trademark … and they’re willing to give it up to Zuck for a steep price. Back in August, the founders of a company called… Continue reading FACEBOOK ‘META’ CHANGETrademark Applicants Will Sell To Zuck …FOR $20 MILLION

Facebook changes company name to Meta

Facebook on Thursday announced that it has changed its company name to Meta. The name change was announced at the Facebook Connect augmented and virtual reality conference. The new name reflects the company’s growing ambitions beyond social media. Facebook, now known as Meta, has adopted the new moniker, based on the sci-fi term metaverse, to… Continue reading Facebook changes company name to Meta

Facebook falls after earnings — what five investors are saying about the stock now

Shares of Facebook fell 5% on Tuesday. The social media company beat on earnings but missed on revenue and average monthly users when it reported quarterly results Monday evening. about the stock now. Nadine Terman, founder and CEO of Solstein Capital, said Facebook is investing to offset weakness in its core business. “It sounds like… Continue reading Facebook falls after earnings — what five investors are saying about the stock now

Published
Categorized as News Tagged

Facebook set to release third-quarter earnings in midst of whistleblower document dump

Facebook is set to release its third-quarter earnings after the bell Monday, as the company reckons with an onslaught of troubling news coverage from a trove of internal documents released by a whistleblower. Here’s what analysts are expecting: Earnings: $3.19 per share expected by analysts, according to Refinitiv.Revenue: $29.57 billion expected by analysts, according to… Continue reading Facebook set to release third-quarter earnings in midst of whistleblower document dump

Facebook fined $69 million by UK competition watchdog for ‘deliberate’ breach during Giphy probe

LONDON — Facebook has been fined £50.5 million ($69 million) for breaching an order imposed by the U.K. competition regulator, which is probing its takeover of gif-sharing platform Giphy. The Competition and Markets Authority, which handed out the penalty Wednesday, issued Facebook with what’s known as an initial enforcement order in June 2020 as it… Continue reading Facebook fined $69 million by UK competition watchdog for ‘deliberate’ breach during Giphy probe

Facebook plans to hire 10,000 people in the EU to build its vision for a ‘metaverse

LONDON — Facebook plans to create 10,000 jobs in the European Union over the next five years in a push to build a digital world known as the “metaverse.” The social media giant said on Sunday it would hire high-skilled engineers in countries across the bloc. The company is focusing its recruitment drive on Germany,… Continue reading Facebook plans to hire 10,000 people in the EU to build its vision for a ‘metaverse

Real money, fake beach: Investor executes a Facebook trade in virtual reality

Facebook has been beaten down in the past month, shedding 13%. But, Inside Edge Capital Management founder Todd Gordon is so confident in Facebook’s rebound that he’s willing to put real money to work in a unique way — executing a trade on Facebook using the company’s Oculus virtual reality system. First, though, he laid… Continue reading Real money, fake beach: Investor executes a Facebook trade in virtual reality

Facebook will add new safety features for teens following bombshell whistleblower leak

Facebook will implement new tools to divert users away from harmful content, limit political content and give parents more control on teen Instagram accounts, the company vice president of global affairs Nick Clegg told several morning news shows on Sunday. Though Clegg did not elaborate on the specifics of the tools, he told ABC’s “This… Continue reading Facebook will add new safety features for teens following bombshell whistleblower leak

Tech whistleblowers are having a moment, and one woman who’s been there has found a new way to help

Ifeoma OzomaFormer Google, Facebook and Pinterest employee Ifeoma Ozoma launched a free resource guide and a new California law in the same week.Ifeoma OzomaWhistleblowers are getting louder in Silicon Valley. Most notable is ex-Facebook employee Frances Haugen, who testified in front of Congress this week after revealing documents that showed the company is aware of… Continue reading Tech whistleblowers are having a moment, and one woman who’s been there has found a new way to help