Newly renamed Meta is investing heavily in its futuristic "metaverse" project, but for now, relies on advertising revenue for nearly all its income.
So when it posted sharply higher costs but gave a weak revenue forecast late Wednesday, investors got spooked — and knocked almost $200 billion off the valuation of the company formerly known as Facebook.Posted: Feb 03, 2022 9:57 AM ET | Last Updated: 8 hours ago
Too much negative CRAP on Facebook. No matter what the topic or the conversation someone will attack someone else. It is not enjoyable anymore. Life is better without Social Media.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: