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Turkey's inflation rate soars to 49% as Erdogan defends policy

Inflation in Turkey has soared to nearly 49 percent - the highest level in two decades. It's another sign that President Recep Tayyip Erdogan's unorthodox monetary policy may not be bearing fruit. Also in the show: as energy prices surge, British authorities unveil more financial aid for electricity bills, and…

France 24

Metaverse Cryptos Skyrocket Amid Meta Platforms' Plunge

Meta Platforms Inc (NASDAQ: FB) — the metaverse company behind Facebook and Instagram — saw its stock plunge 26% Thursday.

Benzinga

Zuckerberg complains Facebook faces ‘unprecedented level of competition’ as he loses $29bn

Social media giant reported losing nearly half million daily users during the last quarter of 2021

The Independent UK

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Dow Jones Dips As Facebook Pulls Stock Market Lower; Ford, Amazon Post Earnings; Tesla Flexes

The Dow Jones fell as Facebook stock dragged the market lower. Amazon earnings and Ford earnings came late. Tesla stock impressed.

Investors Business Daily

COVID updates: All the coronavirus news you need in the one place — as it happened

Get up to speed on all the coronavirus news from across Australia.

ABC News

How Much Will Apple's iOS Privacy Changes Cost Facebook In 2022?

Meta Platforms, Inc.

Benzinga

Dow Jones Sharply Lower As Nasdaq Leads Downside After Facebook Earning Miss Causes Sell-Off

The Dow moved lower Thursday. A big sell-off in Facebook parent Meta Platforms, after it reported earnings, hindered the indexes.

Investors Business Daily

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Why some Australians are paying real money for virtual land in the metaverse

Virtual real estate is booming. So what exactly is it, what are the risks for potential buyers, and who are the Australians taking the plunge?

ABC News

Woman posts prom dress on Facebook and is inundated with messages

Megan said she has been overwhelmed with the amount of comments

Liverpool Echo

Can Mark Zuckerberg 'Catch Lightning In A Bottle' Again? Here's Why This Investor Is Avoiding Meta's Stock

Meta Platforms Inc (NASDAQ: FB) is on pace for its worst one-day decline in history following the company's weak earnings results. Ritholtz Wealth Management's Josh Brown thinks there is an even bigger issue at play.

Benzinga

Boy, 8, died from 'cardiac arrest' while celebrating birthday at soft play centre

Wendy Sarah Dean, who identified herself as his 'nanny' on Facebook, thanked staff and members of the public for helping the family, along with ambulance crews and hospital staff

Daily Mirror

Meta makes history by losing nearly a quarter of its value overnight

Spontaneously losing $210 billion is kind of impressive in a way.

Input

Meta Platforms Crashes On Earnings: What's Next For Facebook's Stock?

Meta Platforms Inc. (NASDAQ: FB) shares are trading significantly lower Thursday after the company reported worse-than-expected fourth-quarter EPS results and issued guidance.

Benzinga

FAANG No More? Facebook, Netflix 'Fracturing' Away From Elite Tech Group, Says Gene Munster

Mark Zuckerberg-owned Meta Platforms Inc (NASDAQ: FB) and online video streaming platform Netflix Inc (NASDAQ: NFLX) are fracturing away from the elite FAANG group, Loup Funds co-founder

Benzinga

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news in one place.

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Input

Stalker-ready 'silent' AirTags are cropping up on Facebook and Etsy

Hacked AirTags being sold on Etsy and advertised across Facebook come with a modified speaker that makes them difficult to detect.

The Independent UK

Meta, formerly Facebook, faces historic drop as stock tanks

Shares in Facebook parent company Meta are in the midst of their worst day ever Thursday after the social media giant reported a rare decline in profit due to a sharp increase in expenses as it invests heavily in its transformation into a virtual reality-based company

The Guardian - UK

Why the Facebook owner’s shares are in freefall

Analysis: shares in Meta fell by 25% after latest results revealed first-ever decline in daily users

Benzinga

Gene Munster Says Next Six Months Will Be Challenging for Facebook

Meta Platforms, Inc. (NASDAQ: FB) reported weaker-than-expected earnings Wednesday for its fourth quarter and issued a weak forecast.

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news in one place.

100’s of premium titles.
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Investors Business Daily

Dow Jones Falls, Tech Stocks Dive As Facebook Crashes On Earnings; Amazon Earnings On Deck

Dow Jones Industrial Average dropped while tech stocks dived Thursday, as Facebook stock crashed on weak earnings results.

The New Daily

RBA’s dovish stance and Facebook’s meta bombs top this week’s big market events

Market wrap: US sharemarkets enjoyed their biggest four-day rally since November 2020, the RBA held firm on rates, and Facebook's value slumped this week.

Axios

Facebook users drop, while metaverse runs up a tab

The social network looks increasingly like a legacy product for a company more focused on other projects.

Benzinga

Mark Zuckerberg Calls Out 2 Factors That Are Impacting Meta's Business

Meta Platforms Inc.'s (NASDAQ: FB) CEO Mark Zuckerberg has listed two factors that are having an impact on the company's business.

Bangkok Post

Facebook shares collapse after TikTok steals user attention

Facebook’s user growth faltered in the latest quarter, the first stagnation in the social network’s history, part of dire earnings that caused Meta Platforms Inc’s stock to collapse 20% in pre-market trading on Thursday, wiping about $200 billion from its market value.

Wales Online

Facebook shares and users fall as competition from TikTok hots up

Boss Mark Zuckerberg said: “People have a lot of choices for how they want to spend their time and apps like TikTok are growing very quickly"

Daily Mirror

Changes to Facebook Messenger mean you'll know when somebody takes a screenshot

Changes to Facebook Messenger, announced by parent company Meta, mean that users will now be notified when people screenshot their messages

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