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Meta opens first physical store

BURLINGAME, Calif. — Facebook parent Meta has opened its first physical store — in Burlingame, California — to showcase its hardware products like virtual and augmented reality goggles and glasses. The store, which is open to the public as of Monday, is made for people who want to test out

Facebook parent Meta stock soars despite growth slowdown

Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called disappointing earnings, with […]

Peter Thiel leaving board of Facebook parent Meta

MENLO PARK, Calif. — Peter Thiel, a Silicon Valley billionaire and advisor to former President Donald Trump, is leaving the board of directors of Facebook parent company Meta. The company said Monday that Thiel will stay on until Meta’s next shareholder meeting later this year, where he will not stand for reelection. Thiel joined Facebook’s […]