Facebook Archives - Financial Mirror

Threads’ rapid growth slows

After becoming the fastest-growing social media platform and reaching 100 mln users twelve times faster than ChatGPT and 55 times faster than TikTok, Meta’s Threads has seen its user growth significantly slow

7th August 2023

Companies/Markets/World

Meta’s Q2 revenues beat Wall Street projections by $1 bln

Meta has shattered all expectations for its second quarter earnings, surpassing Wall Street projections by an impressive $1 billion, according to StockApps.com. The Facebook parent has once again proven its dominance in the

1st August 2023

Companies/Markets/World

RBA delivers hawkish pause, Zuckerberg takes on Musk

By Craig Erlam Tuesday has been a relatively quiet session with the US bank holiday weighing on activity and those remaining having an eye on Friday’s jobs report. But the day hasn’t

4th July 2023

Markets/World

Metaverse lost $35 bln in four years

While Mark Zuckerberg may believe that the future of his company lies in the metaverse, truth is, the project is costing Meta and its shareholders billions of dollars. The four-year operating loss

13th February 2023

Business/Markets/World

Amazon stock value slumped 45%, loses $670 bln market cap

The Big Five tech giants saw their stock prices slump last year, dragging the whole market down, after years of impressive growth that turned them into trillion-dollar companies. However, the eCommerce giant

24th January 2023

Markets/World

Tech giants’ market cap slumped $1.5 trln

Investors have turned their backs on tech stocks after a series of disappointing results from the biggest names in the industry, including Apple, Google’s parent Alphabet, Microsoft, Amazon and Facebook parent Meta.

16th November 2022

International/Markets/World

Mega-cap disappointment, ECB raises rates

By Edward Moya US stocks have been struggling for direction all week after a mixed bag of earnings was accompanied with economic data that supports the idea that the economy is weakening.

28th October 2022

Markets/World

Facebook losing popularity in Europe

While Facebook’s active user base continues growing on a global scale, the world’s largest social networking platform seems to be losing ground in the European market where monthly active users plunged by

6th September 2022

Companies/Life & Society/Markets/World

Stability amid tech earnings

By Craig Erlam Equity markets stabilised a little in the middle of the week, with big tech earnings failing to steer them significantly one way or another. It’s been a mixed bag

28th April 2022

Markets/World

Meta makes Asia feel better

By Jeffrey Halley Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too

28th April 2022

Markets/World

Facebook

Threads’ rapid growth slows

Meta’s Q2 revenues beat Wall Street projections by $1 bln

RBA delivers hawkish pause, Zuckerberg takes on Musk

Metaverse lost $35 bln in four years

Amazon stock value slumped 45%, loses $670 bln market cap

Tech giants’ market cap slumped $1.5 trln

Mega-cap disappointment, ECB raises rates

Stability amid tech earnings

Meta makes Asia feel better

Tales from New York

Game over for Armenia?

Protaras, Ayia Napa tourist venues still struggling

You’ve been taken for a ride

Tales from New York

Game over for Armenia?

‘Solar systems for all’ to launch

Protaras, Ayia Napa tourist venues still struggling