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Metaverse Struggles Amid Sales Decline of VR Headsets

Rebecca Urena12/28/2022

17408

Meta (NASDAQ: META) CEO Mark Zuckerberg, who has spent billions of dollars developing the metaverse, was notified that its bet has yet pay dividends for the struggling tech company....

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Meta to Settle Cambridge Analytica Case for $725 Million

Rebecca Urena12/23/2022

18228

Facebook’s parent company, Meta (NASDAQ: META), has agreed to pay USD725 Million to settle an ongoing class action lawsuit that accused it of allowing third parties, such as Cambridge...

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Meta Faces Possible $11.8 Billion Fine

Rebecca Urena12/19/202212/19/2022

20061

The European Union on Monday issued Facebook parent company Meta (NASDAQ: META) a list of objections regarding its pairing of Facebook Marketplace with its personal social network. The European...

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Meta to Lay Off Over 11,000 Employees

Rebecca Urena11/09/202211/09/2022

16437

Meta (NASDAQ: META) will be laying off 13% of its employees, more than 11,000 workers, according to a letter sent out to staff members by CEO Mark Zuckerberg. The...

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Instagram Fined $400 Million by Irish Regulators

Rebecca Urena09/06/2022

16453

Instagram, owned by Meta (NASDAQ: META), has been fined over USD400 Million by Irish regulators following an inquiry that revealed the social media platform had mishandled children’s user data....

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Meta & Qualcomm Partner to Build Custom Virtual Reality Chips

Rebecca Urena09/02/2022

17813

Meta (NASDAQ: META) and Qualcomm (NASDAQ: QCOM) announced that they are partnering up to develop exclusive chipsets for virtual reality products. The multi-year agreement will have Meta use Qualcomm’s...

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Facebook to Shut Down its Gaming App in October

Rebecca Urena08/30/2022

17406

Facebook (NASDAQ: META) announced that it will be shutting down its Gaming app this fall. The app is used to watch Facebook Gaming live streams, nevertheless, upon the closure...

Tag: Meta

Metaverse Struggles Amid Sales Decline of VR Headsets

Meta to Settle Cambridge Analytica Case for $725 Million

Meta Faces Possible $11.8 Billion Fine

Meta to Lay Off Over 11,000 Employees

Instagram Fined $400 Million by Irish Regulators

Meta & Qualcomm Partner to Build Custom Virtual Reality Chips

Facebook to Shut Down its Gaming App in October

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