Meta is poised to suffer the largest one-day wipeout in US corporate history. Its valuation could slump by more than $190 billion when markets open.
https://www.businessinsider.com/meta-q4-earnings-largest-ever-one-day-wipeout-190-billion-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/meta-q4-earnings-largest-ever-one-day-wipeout-190-billion-2022-2
@EverythingTechnology via Reddit
Business Insider
Meta just suffered the largest one-day wipeout in US corporate history. Its valuation slumped by nearly $240 billion.
In its fourth-quarter earnings Wednesday, Meta said Facebook user numbers were down for the first time, as its metaverse business lost $10 billion.
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Facebook's user numbers shrunk for the first time in its history
https://www.businessinsider.com/meta-facebook-user-numbers-shrink-first-time-ever-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/meta-facebook-user-numbers-shrink-first-time-ever-2022-2
@EverythingTechnology via Reddit
Business Insider
Facebook's user numbers shrunk for the first time in its history
Stock in Facebook's parent company Meta plummeted 22% in premarket trading following its Q4 earnings.
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Exposed documents reveal how the powerful clean up their digital past using a reputation laundering firm
https://restofworld.org/2022/documents-reputation-laundering-firm-eliminalia/
@EverythingTechnology via Reddit
https://restofworld.org/2022/documents-reputation-laundering-firm-eliminalia/
@EverythingTechnology via Reddit
Rest of World
Exposed documents reveal how the powerful clean up their digital past using a reputation laundering firm
Reputation firms like Eliminalia use legal threats and copyright notices to have material taken down around the world.
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Apple privacy changes wipe $278 billion market value from 4 companies
https://www.imore.com/apple-privacy-changes-wipe-278-billion-market-value-4-companies
@EverythingTechnology via Reddit
https://www.imore.com/apple-privacy-changes-wipe-278-billion-market-value-4-companies
@EverythingTechnology via Reddit
iMore
Apple privacy changes wipe $278 billion market value from 4 companies
A new report notes that since Apple announced privacy changes to iOS 14 last year, Meta, Snap, Pinterest, and Twitter have had $278 billion in market value wiped from their books.
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Facebook: Daily active users fall for first time in 18-year history
https://www.bbc.com/news/business-60238565
@EverythingTechnology via Reddit
https://www.bbc.com/news/business-60238565
@EverythingTechnology via Reddit
BBC News
Facebook: Daily active users fall for first time in 18-year history
The technology giant's owner Meta said platforms like TikTok were hurting its growth.
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Facebook Stock Collapse A Record Setter With Earnings Meltdown
https://www.investors.com/news/technology/fb-stock-drops-meta-earnings-miss-estimates/
@EverythingTechnology via Reddit
https://www.investors.com/news/technology/fb-stock-drops-meta-earnings-miss-estimates/
@EverythingTechnology via Reddit
Investor's Business Daily
Facebook Stock Collapse A Record Setter With Earnings Meltdown
FB stock plunged as the social media giant reported fourth-quarter results late Wednesday that fell below estimates.
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Facebook blames Apple after a historically bad quarter, saying iPhone privacy changes will cost it $10 billion
https://www.businessinsider.com/facebook-blames-apple-10-billion-loss-ad-privacy-warning-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/facebook-blames-apple-10-billion-loss-ad-privacy-warning-2022-2
@EverythingTechnology via Reddit
Business Insider
Facebook blames Apple after a historically bad quarter, saying iPhone privacy changes will cost it $10 billion
Apple introduced a feature to stop apps from tracking you, and Facebook says it's going to cost the social media giant $10 billion this year in lost ad revenue.
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Amazon Prime U.S. Price Is Increasing to $139 per Year, up 17%
https://variety.com/2022/digital/news/amazon-prime-u-s-price-is-increasing-to-139-per-year-up-17-1235171635/
@EverythingTechnology via Reddit
https://variety.com/2022/digital/news/amazon-prime-u-s-price-is-increasing-to-139-per-year-up-17-1235171635/
@EverythingTechnology via Reddit
Variety
Amazon Prime U.S. Price Is Increasing to $139 per Year, up 17%
Amazon will hike the price of a Prime membership in the U.S., with the annual membership going up from $119 to $139.
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A lone hacker on a revenge mission says he is the one who keeps turning off North Korea's internet
https://www.msn.com/en-us/news/world/a-lone-hacker-on-a-revenge-mission-says-he-is-the-one-who-keeps-turning-off-north-koreas-internet/ar-AATrF5b?ocid=sapphireappshare
@EverythingTechnology via Reddit
https://www.msn.com/en-us/news/world/a-lone-hacker-on-a-revenge-mission-says-he-is-the-one-who-keeps-turning-off-north-koreas-internet/ar-AATrF5b?ocid=sapphireappshare
@EverythingTechnology via Reddit
MSN
A lone hacker on a revenge mission says he is the one who keeps turning off North Korea's internet
"If they don't see we have teeth, it's just going to keep coming," the American hacker said.
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Koenigsegg's Tiny Electric Motor Makes 335 HP and 443 LB-FT of Torque
https://www.roadandtrack.com/news/a38940998/koenigsegg-quark-electric-motor/?utm_source=digg
@EverythingTechnology via Reddit
https://www.roadandtrack.com/news/a38940998/koenigsegg-quark-electric-motor/?utm_source=digg
@EverythingTechnology via Reddit
Road & Track
Koenigsegg's Tiny Electric Motor Makes 335 HP and 443 LB-FT of Torque
Dubbed the Quark, the motor weighs just 63 pounds.
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Amazon Prime Membership Price, increasing $20 Per Year.
https://www.businessinsider.com/amazon-prime-membership-price-increase-details-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/amazon-prime-membership-price-increase-details-2022-2
@EverythingTechnology via Reddit
Business Insider
Amazon is raising the price of its annual Prime membership by $20
Amazon has raised the price of its Prime membership twice in the past: once in 2014 and again in 2018.
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Woman Claims She Was 'Virtually' Gang Raped In Metaverse.
https://www.news18.com/news/tech/woman-claims-she-was-virtually-gang-raped-in-metaverse-4731377.html
@EverythingTechnology via Reddit
https://www.news18.com/news/tech/woman-claims-she-was-virtually-gang-raped-in-metaverse-4731377.html
@EverythingTechnology via Reddit
News18
Woman Claims She Was 'Virtually' Gang Raped In Metaverse
A 43-year-old British woman claims she was groped in the virtual world by a group of male avatars. The woman named Nina Jane Patel has talked about being "verbally and sexually harassed" by three or four male avatars in Horizon Venues of Meta.
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Amazon Prime subscription to become 16% more expensive in the US
https://9to5mac.com/2022/02/03/amazon-prime-subscription-to-become-16-more-expensive-in-the-us/
@EverythingTechnology via Reddit
https://9to5mac.com/2022/02/03/amazon-prime-subscription-to-become-16-more-expensive-in-the-us/
@EverythingTechnology via Reddit
9to5Mac
Amazon Prime subscription to become 16% more expensive in the US
Amazon has confirmed that it will increase Amazon Prime subscription prices for US customers in a few weeks.
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Apple's privacy changes have cut $278 billion from 4 Big Tech firms
https://interestingengineering.com/apples-privacy-cut-278-billion
@EverythingTechnology via Reddit
https://interestingengineering.com/apples-privacy-cut-278-billion
@EverythingTechnology via Reddit
Interesting Engineering
Apple's privacy changes have cut $278 billion from 4 Big Tech firms
Facebook, Twitter, and other social media platforms are feeling the loss of user tracking permissions! Since Apple rolled out its iOS privacy policy.
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MIT Engineers Create the βImpossibleβ β New Material That Is Stronger Than Steel and As Light as Plastic
https://scitechdaily.com/mit-engineers-create-the-impossible-new-material-that-is-stronger-than-steel-and-as-light-as-plastic/
@EverythingTechnology via Reddit
https://scitechdaily.com/mit-engineers-create-the-impossible-new-material-that-is-stronger-than-steel-and-as-light-as-plastic/
@EverythingTechnology via Reddit
SciTechDaily
MIT Engineers Create the βImpossibleβ β New Material That Is Stronger Than Steel and As Light as Plastic
The new substance is the result of a feat thought to be impossible: polymerizing a material in two dimensions. Using a novel polymerization process, MIT chemical engineers have created a new material that is stronger than steel and as light as plastic, andβ¦
π€©2β€1
All in a day: Zuckerberg loses $29 bln, Bezos set to pocket $20 bln
https://www.reuters.com/technology/zuckerberg-loses-29-billion-day-meta-shares-crash-2022-02-03/
@EverythingTechnology via Reddit
https://www.reuters.com/technology/zuckerberg-loses-29-billion-day-meta-shares-crash-2022-02-03/
@EverythingTechnology via Reddit
Reuters
Zuckerberg loses $29 billion in net worth, Bezos gains $20 billion
Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon's blockbuster earnings.
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Facebook owner Meta sees biggest ever stock market loss
https://www.bbc.com/news/business-60255088
@EverythingTechnology via Reddit
https://www.bbc.com/news/business-60255088
@EverythingTechnology via Reddit
BBC News
Facebook owner Meta sees biggest ever stock market loss
The company's chief executive Mark Zuckerberg saw his personal fortune fall by $31bn.
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Facebook-owner Meta says it will pay new $2 million UK fine
https://www.reuters.com/technology/facebook-owner-meta-says-it-will-pay-new-2-million-uk-fine-2022-02-04/
@EverythingTechnology via Reddit
https://www.reuters.com/technology/facebook-owner-meta-says-it-will-pay-new-2-million-uk-fine-2022-02-04/
@EverythingTechnology via Reddit
Reuters
Facebook-owner Meta says it will pay new $2 million UK fine
Britain's competition regulator said on Friday it had fined Facebook-owner Meta 1.5 million pounds ($2 million) over fresh issues regarding its purchase of Giphy, a sanction that the U.S. firm said it would accept.
Elon Musk says SpaceX is aiming to launch its most-used rocket once a week on average this year.
https://www.businessinsider.com/elon-musk-spacex-falcon-9-rocket-launch-every-week-payload-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/elon-musk-spacex-falcon-9-rocket-launch-every-week-payload-2022-2
@EverythingTechnology via Reddit
Business Insider
Elon Musk says SpaceX is aiming to launch its most-used rocket once a week on average this year
Elon Musk's prediction follows reports that SpaceX is aiming to fly 52 rockets into orbit this year.
Mark Zuckerberg told Meta employees to zero in on video because they're up against an 'unprecedented level of competition' from TikTok, report says
https://www.businessinsider.com/mark-zuckerberg-meta-faces-unprecedented-competition-from-tiktok-focus-reels-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/mark-zuckerberg-meta-faces-unprecedented-competition-from-tiktok-focus-reels-2022-2
@EverythingTechnology via Reddit
Business Insider
Mark Zuckerberg told Meta employees to zero in on video because they're up against an 'unprecedented level of competition' fromβ¦
Zuckerberg said Meta would focus on the short-form-video feature Instagram Reels, which closely resembles TikTok, after posting disastrous earnings.
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#DeleteFacebook: Why are users being called on to ditch it?
https://www.euronews.com/next/2022/02/04/thumbs-down-for-facebook-as-users-opt-to-deletefacebook-in-a-further-blow-to-social-media-
@EverythingTechnology via Reddit
https://www.euronews.com/next/2022/02/04/thumbs-down-for-facebook-as-users-opt-to-deletefacebook-in-a-further-blow-to-social-media-
@EverythingTechnology via Reddit
euronews
#DeleteFacebook: Why are users being called on to ditch it?
βHorrible company and the name change to #Meta makes it even more of a horrid company,β one Twitter user said under the #DeleteFacebook hashtag.
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