Facebook parent Meta drops 23 percent after hours – The company Meta, which owns WhatsApp, Facebook and Instagram, reported slowing Daily active users & increased spending in its metaverse project, sending its shares plunging as much as 23% after the markets closed on Wednesday US time. The California based company in Menlo Park said it […]
Read MoreMicrosoft to buy Activision Blizzard for S$92.79 billion – video game blockbuster deal, puts focus on in game advertisements and metaverse, squaring Microsoft with recently renamed Facebook’s parent company, Meta. Activision Blizzard – game developer of hits like “Call of Duty”, has been roiled by serious sex discrimination allegations that have led to lawsuits, firings […]
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