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The Latest Breaking News from Facebook

‘Unprecedented moment’: Why Facebook is declining and what it means for social media

Billions have been wiped off the value of Facebook as a declining usership, risky investments, and damaged reputation has people running scared.

The New Daily

Meta Slump and Interest Rate Fears Drag Stocks Lower

Stock markets slid Thursday, dragged down by a massive plunge in the shares of Facebook parent company Meta following disappointing earnings, as well as indications central banks may move more aggressively to raise interest rates.

Asharq Al-Awsat

Winter Olympics opening ceremony: Beijing 2022 Games are officially open after stirring ceremony at the Bird's Nest

The 2022 Beijing Winter Olympics are underway, after a stirring opening ceremony. Australia's team make their entrance to the Bird's Nest stadium where a shirtless American Samoan steals the show. Look back on all the action.

ABC News

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No 10 implicitly rebukes Bank of England chief over wage restraint call, amid unions anger – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Explained: Why Meta suffered biggest wipeout in history

NEW DELHI: Facebook parent Meta crashed 26 percent in US trading on Thursday on the back of poor earnings results with founder Mark Zuckerberg's wealth plunging by as much as $31 billion in one of the biggest one-day wealth drops ever.

The Times of India

Asian markets shrug off tech-led selloff on Wall Street

Asian markets are mostly higher after a historic plunge in the stock price of Facebook's parent company helped yank other tech stocks lower on Wall Street

The Independent UK

Mark Zuckerberg Just Lost $40B & We’re Feeling Very Tee Hee About The Whole Thing

Stonks.

Pedestrian.tv

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Meta's price drop shakes tech's confidence

We've forgotten that tech stocks are famously volatile and risky. Now we remember.

Axios

Bitcoin Is Once Again Ahead Of Facebook In Market Capitalization After Latter's 26% Plunge

Bitcoin (CRYPTO: BTC) has surpassed Facebook parent Meta Platforms Inc (NASDAQ: FB) in value once again.

Benzinga

How Much Money Did Mark Zuckerberg Lose Today? He's No Longer A Top 10 Billionaire

Facebook co-founder and Meta Platforms (NASDAQ: FB) CEO Mark Zuckerberg had a rough day Thursday as shares fell hard after the company’s quarterly report.

Benzinga

Facebook suffers $230bn wipeout in biggest one-day US stock plunge

Shares in parent company Meta fall 26.4% on Thursday, while Mark Zuckerberg’s personal wealth reportedly tumbles by $30bn-plus

The Guardian - US

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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ABC News

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.

Benzinga

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

Meta Platforms, Inc.

ABC News

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?

Liverpool Echo

Woman posts prom dress on Facebook and is inundated with messages

Megan said she has been overwhelmed with the amount of comments

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news in one place.

100's of premium titles.
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Benzinga

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.

Daily Mirror

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

Input

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

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

Benzinga

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

The Times of India

Data price hikes limited Facebook user growth in India: Meta

NEW DELHI: Increase in data rates in India limited the user growth of Meta (formerly Facebook) in the December 2021 quarter, the social media major said.

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.

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