Facebook-owner Meta told to sell Giphy as British regulator blocks acquisition

Facebook CEO Mark Zuckerberg speaks during a live virtual and augmented reality conference to announce Facebook’s name change to Meta, in this screenshot taken from a video released October 28, 2021. Facebook | via Reuters The UK’s competition watchdog has told Facebook’s mother, Meta, that it should sell GIF-sharing platform Giphy. The Competition and Markets … Read more

Meta Materials shares spike after Facebook changes name to Meta

Meta Materials surged late Thursday, for the same reason Zoom Technologies soared in 2019 and Signal Advance in January: It’s all about the name. Facebook co-founder Mark Zuckerberg said Thursday that his company will now be called Meta. The company’s official name will be Meta Platforms, and from December 1, the stock will be trading … Read more