Facebook Inc (FB.O), under fire from regulators and lawmakers over its business practices, is planning to rebrand itself with a new name that focuses on the metaverse, the...
(Bloomberg) — For decades, Mukesh Ambani’s empire has been supported by the energy flank he inherited from his father. But when Ambani faces shareholders at Reliance Industries...
Facebook Quarterly Earnings Doubled in Three Years and Hit $17.7bn in Q1 2020 With more than 2.6 billion monthly active users as of the first quarter...
(Bloomberg) — trendBillionaire Mukesh Ambani extended his fund-raising streak for Jio Platforms Ltd. by selling an $873 million stake to General Atlantic, an early investor in...
(Bloomberg) — A number of popular third-party apps for Apple Inc.’s iPhone were knocked out of service for some people for about an hour on Wednesday afternoon....
(Bloomberg) — In another winning week, shares in Zoom Video Communications Inc. ended on a sour note after Facebook Inc. disclosed plans for a competing video chat product. The...
Zoom’s video conferencing platform, saw its global users shoot up from 10 million in December to more than 200 million daily users in March. The radical jump...
(Bloomberg) — Facebook Inc. said it has acquired development studio Sanzaru Games to join the Oculus gaming group inside its virtual-reality division. Sanzaru has produced a number of games,...
(Bloomberg) –Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying...
(Bloomberg) –Would you give up Facebook for one month in exchange for $50? The question, posed by MIT’s Erik Brynjolfsson and four co-authors of a new...