Mark Zuckerberg’s wealth dropped as much as $31 billion (roughly Rs. 2,31,600 crore), among the biggest one-day drops in wealth ever, after Meta’s fourth-quarter results fell short of analysts’ expectations.
from Gadgets 360
Friday, February 4, 2022
Facebook-Parent Meta Faces Historic Drop as Stock Tanks, Trims $230 Billion Off Company’s Overall Value
Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall Street is pretty anxious about it.
from Gadgets 360
from Gadgets 360
NFTs of India’s First Metaverse Wedding See Quick Sales on Beyondlife.Club, Avatars of Couple Included
NFTs based on India’s first metaverse wedding were dropped on the Beyondlife.Club and witnessed rapid sales. The collection was launched by GuardianLink.io and was sponsored by Indian exchange CoinSwitch Kuber.
from Gadgets 360
from Gadgets 360
Cardano Developer IOHK Increases Block Size by 11 Percent to Accommodate More Transactions
Cardano developer Input Output has proposed increasing the network’s block size by 11 percent from 72KB to 80KB after network load surged above 90 percent with the launch of a number of decentralized apps (dApps) on the platform.
from Gadgets 360
from Gadgets 360
Thursday, February 3, 2022
Pegasus: FBI Confirms It Bought Spyware From Israel's NSO Group
The FBI has confirmed purchasing NSO Group's powerful spyware tool Pegasus, whose chronic abuse to surveil journalists, dissidents. and human rights activists has long been established. It suggested its motivation was to “stay abreast of emerging technologies and tradecraft.”
from Gadgets 360
from Gadgets 360
Apple-Accusing Lawsuit Over iPhone Water Resistance Claims Dismissed by US Judge
A US federal judge dismissed a proposed class-action lawsuit accusing Apple of misleading consumers about how resistant its iPhone handsets are to water exposure.
from Gadgets 360
from Gadgets 360
PayPal, Hit by eBay Loss, Reports Major Loss in Q4 Revenue
PayPal shares slumped nearly 17 percent as investors questioned the company's growth prospects after it disclosed a big hit to revenue from the impending loss of marquee client eBay.
from Gadgets 360
from Gadgets 360
Spotify Reports 180 Million Premium Subscribers, Solid Gain in Monthly Active Users in Q4 2021
Spotify shares tumbled after the music streaming service — roiled in controversy over its star podcaster Joe Rogan — projected lower profit margins in the coming earnings period as subscriber growth slows.
from Gadgets 360
from Gadgets 360
Facebook Reports Lesser-Than-Expected 1.93 Billion Daily Active Users in Q4 2021, Meta Profit Slips
Facebook-parent Meta delivered a gloomy mix of a sharper-than-expected drop in profit, a decrease in users and threats to its advertisement business that plunged shares some 22 percent in after-hours trading.
from Gadgets 360
from Gadgets 360
Wednesday, February 2, 2022
AMD Charts Stronger 2022 as Data-Centre Revenue Booms
AMD forecast 2022 revenue above expectations, driving its shares up as much as 11 percent in after-hours trading, as stellar demand for its chips used in data centre servers is expected to continue to drive growth.
from Gadgets 360
from Gadgets 360
iPhone SE 3, New iPad Models Imported to India Ahead of Upcoming Launch: Report
iPhone SE 3 smartphone has reportedly been imported to India for testing, ahead of the launch of the budget iPhone in India. The company has also imported two new iPad models ahead of its Spring Launch event, where the company is tipped to launch a new budget iPhone, a new iPad Air (5th generation), new M1 Mac mini, and a new iMac Pro with Apple Silicon.
from Gadgets 360
from Gadgets 360
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