U.S. senators question Meta on Chinese, other developers’ access to sensitive data By Reuters

[ad_1] 2/2 © Reuters. FILE PHOTO: Facebook app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration 2/2 WASHINGTON (Reuters) – Senators Mark Warner and Marco Rubio, chair and vice chair of the U.S. Senate Select Committee on Intelligence, wrote to Facebook (NASDAQ:) parent Meta Platforms on Monday about documents that show … Read more

U.S. judge denies FTC request to stop Meta from acquiring VR firm Within By Reuters

[ad_1] © Reuters. FILE PHOTO: The logo of Meta Platforms’ business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman WASHINGTON (Reuters) -A judge on Friday released a ruling denying the Federal Trade Commission’s request to stop Meta Platforms Inc (NASDAQ:) from buying virtual reality content maker Within Unlimited, rejecting the regulator’s concerns … Read more

The Meta share price jumped 23% yesterday! Here’s why it could run even higher

[ad_1] Image source: Getty Images Yesterday saw a meteoric rise in Meta Platforms (NASDAQ:META) shares. After closing Wednesday at $153, the Meta share priced finished Thursday at $188.77, a jump of over 23%. Positive results released after the market closed were the main catalyst. Yet with the stock still down 20% over the past year, … Read more

Nasdaq, S&P 500 jump on Meta rise, Fed relief By Reuters

[ad_1] © Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly/File Photo By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and jumped and touched roughly five-month highs on Thursday as a more dovish-than-expected … Read more

U.S. FTC denies Meta petition to recuse Khan from Within Unlimited review By Reuters

[ad_1] © Reuters. FILE PHOTO: A security guard stands watch by the Meta sign outside the headquarters of Facebook parent company Meta Platforms Inc in Mountain View, California, U.S. November 9, 2022. REUTERS/Peter DaSilva By David Shepardson WASHINGTON (Reuters) -The Federal Trade Commission (FTC) rejected a petition filed by Facebook-parent Meta seeking the recusal of … Read more

The $100 billion Facebook rebound: Meta stock set for best day since 2013

[ad_1] Meta Platforms Inc. changed its narrative in a big way this week, and that’s resonating on Wall Street. Three months ago, Chief Executive Mark Zuckerberg and his leadership team sounded fairly defiant as they laid out big spending plans despite economic angst, an attitude that helped send shares toward one of their worst days … Read more