Mark Zuckerberg

Meta Shares Fell more than 22%

The shares of the American company Meta on the New York Stock Exchange fell nearly 22 percent after trading was finished on Wednesday and after posting quarterly gains with weak growth forecasts and lower net income. According to the trading platform, an hour and a half after the end of the trading session, the company's quotations on the electronic exchange NASDAQ fell by 22.35%.

In the middle of a crisis, Facebook Inc renames itself Meta

Like many companies in trouble before it, Facebook is changing its name and logo.

Facebook Inc. is now called Meta Platforms Inc., or Meta for short, to reflect what CEO Mark Zuckerberg said on Oct. 28 is its commitment to developing the new surround-yourself technology known as the " metaverse." But the social network itself will still be called Facebook.

Facebook's Name will be Changed, According to a Technology Publication

Facebook plans to change the company's name, according to Fox Media's The Verge blog, citing a source directly involved in the decision. There is no official confirmation. The blog claims that this will happen at the company's annual conference on October 28, when CEO Mark Zuckerberg is expected to speak on the issue.

The publication assumes that this may happen sooner.

Facebook 'operating in the shadows', says whistleblower as U.S. lawmakers demand probes

U.S. lawmakers pounded Facebook on Oct. 5, accusing CEO Mark Zuckerberg of pushing for higher profits while being cavalier about user safety, and they demanded regulators investigate whistleblower accusations that the social media company harms children's mental health and stokes divisions.

Social Media Crash: What will be the Consequences?

Facebook, Instagram and WhatsApp are already working. There is no information about compromised user data after nearly six hours of application shutdown. An hour ago, the hearing of the former Facebook employee began in the US Congress, who revealed inside information and accused Zuckerberg and the company of putting profit above security.

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