Investors Focus on Top Metaverse Plays as New Year Gets in Gear (U, EPAZ, RBLX, MTTR, MMAT, FB, META, NVDA)

The investing landscape for 2022 is uncertain, as we have seen over recent days. The year has started with selling driven by rising interest rates, which poses a duration risk for large low-turnover funds holding growth stocks that may not pay off for years into the future in terms of discounted cash flows. However, there’s […]

Meta Platforms Inc (NASDAQ: FB) Announces Expansion in Texas After Leasing Office Space

Meta Platforms Inc (NASDAQ: FB) has leased a 589,000 square foot space to mark its expansion in Texas. The space will take up half of Sixth and Guadalupe, a 66 story building to open in 2023. Meta will also hire 400 people to add to its 2000 Texas employees. The head of Meta’s office in […]

As Growth Tech Tumbles, Get Your Metaverse Stock Shopping List Ready (U, BTDG, RBLX, MTTR, MMAT, FB, META, NVDA)

If there’s one big theme primed to become 2022’s “Next Big Thing” tech story, it’s the “Metaverse” – a persistent shared virtual 3D world operating at the intersection of digital and physical reality. Analysts and entrepreneurs have come to see the Metaverse as the next stage in the evolution of online life. And it’s no […]

Meta Platforms Inc (NASDAQ: FB) Accused of Data Tracking, Donald Trump Tumbles Nearly 300 Positions In The Forbes’ Billionaire List

Meta Platforms Inc (NASDAQ: FB), popularly known as Facebook, is in trouble, thanks to whistleblowers who have brought to the light the alleged data tracking issue. Location harvesting remains active, despite data tracking being disabled According to reports, the location harvesting remains active despite the data tracking feature being disabled on both the social media […]

Alphabet Inc Class C (NASDAQ: GOOG) Announces That Its Next Big Browser Release Could Break Some Websites

Alphabet Inc Class C (NASDAQ: GOOG) has announced through Chrome’s codebase, Chromium Bug Tracker, that Chrome’s next significant release will break various websites. The main problem is the version numbers. The browser is currently on version 96. Moreover, the developer build is on version 99. Therefore when Chrome reaches version 100, some websites won’t load. […]

Facebook Inc. (NASDAQ: FB) Facing Regulatory Probe On Leaked Documents, Metaverse Development on Track

Facebook Inc. (NASDAQ: FB)  is expected to release its Q3 2021 earnings on October 25, 2021, and the controversial social media company is calling for slowing revenue growth in the coming quarters. The company expects YoY total revenue growth in Q3 and Q4 to decelerate sequentially. Facebook expects increased advertisement targeting headwinds in 2021 from […]

Facebook Inc. (NASDAQ: FB) Changing How It Measures User Accounts for Ads And bans Militarized Groups

Facebook Inc.  (NASDAQ: FB) gained 0.3% on Friday, but this gain wasn’t adequate to reverse losses experienced early in the week at the back of growing products scrutiny and global outage.  Shares ended the week down 4%, which is the fourth consecutive week of decline and down 14% from September highs. The company is changing […]

Facebook, Inc. Common Stock (NASDAQ: FB) Informed That It Is Spending $50 million to Construct The Metaverse Responsibly

Facebook, Inc. Common Stock (NASDAQ: FB) has made it official that the group has set aside funds to the tune of $50 million. The group will reportedly spend the money to build what it calls metaverse. In technical terms, it is referred to as XR Programs and Research Fund. The group went on record and […]

Users Find Smart Glasses by Facebook, Inc (NASDAQ: FB) and Ray-Ban as Both Cool and Creepy

The new pair of camera-equipped sunglasses from Ray-Ban and Facebook, Inc (NASDAQ: FB) happens to be a rather exciting innovation that lets users record whatever they want. Some users might feel creepy recording their aunts or mothers without them knowing, but some might feel unaffected by such an act. Focus on a great technology It could […]

Facebook, Inc. Common Stock (NASDAQ: FB) Extends Access to Licensed Music to Game Streams

Facebook, Inc. Common Stock now allows more content creators to play licensed music in the background during streaming. Previously, Facebook Gaming only let creators with partner status play music from various labels and publishers. This service was put into effect in September 2020 as an experiment that gave 1000 content creators access to music.  Now […]

Facebook Inc (NASDAQ: FB) to Introduce Voice and Video Calling on the Main App

Facebook Inc (NASDAQ: FB) has always wanted to connect messaging across all its apps, which was done in Instagram and Messenger. Some years back, Facebook removed Messenger from its main app in 2014. As a result, if anyone wishes to use the messenger app, they would have to download the Messenger app independently. With the […]

The Future Gold Rush in Social Media Stocks (SHOP, FB, PINS, CMGR, SNAP, MSFT, TWTR, SOCL)

The social media revolution may seem like old news. But it could also just be getting started. The key point to appreciate here is “influence” – influence over public opinion and consumer decisions. Given that many of the top players in this space have access to hundreds of millions of people, and given that they […]

Russia’s Punitive Move on Alphabet Inc (NASDAQ: GOOGL) Costs it $41,017

Russia says it supports the business activities of the various big techs within its borders, but it won’t tolerate them breaching the laws governing their operations in the country. Unfortunately, Alphabet Inc (NASDAQ: GOOGL) is one of the social media companies that finds itself on the bad side of the law. As a result, it incurred […]

Facebook, Inc (NASDAQ: FB) Efforts to Gag Whistleblower Sophie Zhang with a $64,000 Severance Package Hit a Hard Rock

Sophie Zhang has worked with Facebook, Inc (NASDAQ: FB) for many years as a data scientist, but she isn’t in the position anymore. The company fired her last year, which aggravated her becoming a whistleblower that continues to speak out against the ongoing bad practices in Facebook. Zhang made her case in an interview Reports show […]

Facebook, Inc (NASDAQ: FB) To Transform Facebook Into Metaverse Company

Facebook, Inc (NASDAQ: FB) management has laid down the foundation to transform the company into a “Metaverse Company” from a social media network in the next five years. As per the CEO (Chief Executive Officer), the company is working on for the viewer, where one can view the content and experience the feeling of being […]