Meta Spent $10 billion on the Metaverse in 2021, Dragging Down Profit
Quarterly profits decreased 8 percent, to $10.3 billion, from a year earlier. Shares of Meta’s stock plunged about 22 percent in after-hours trading. https://nyti.ms/3L55ULR
In a rare in-depth interview, this billionaire man of mystery, the head of Palantir Technologies, talks about war, A.I. and America’s future. https://nyti.ms/3WOsRK7
The digital media company, which will merge with a publicly listed shell company in what is known as a SPAC deal, also lined up about $150 million in debt financing. https://nyti.ms/2SXcq1k
