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FB - Meta Platforms, Inc. (NASDAQ)

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Most of the adds online offer me things that I just bought!
It's supposed to be the other way round, you know, offer me something before I have already bought it!
Hence search engines and big retail sites, like Amazon, Ebay, dare I say it, KOGAN are the way to go! Places where you might start to look if you going to shop online.
Not so much Google cause you just have your add blocker on and you don't ever see a thing, same goes for FB.
 
Could be two scenarios :
Trend down into the 20th September Low with main trend up till the 5th November or down into the 4th October for Low with main trend up till the 5th October but the first date looks like a stronger possibility .
 
Facebook is rebranding to Meta. (yuk)

What's so funny, is that two Nasdaq companies opened gap up this morning. Meta Materials and Meta Financial.
Could only be retail traders.
 
Facebook's announcement that it is changing its name to Meta has caused quite the stir in Israel where the word sounds like the Hebrew word for "dead".
To be precise, Meta is pronounced like the feminine form of the Hebrew word.

When KFC arrived in China during the 80s, its motto "finger lickin' good" didn't exactly go down well with the locals.
The motto's translation in Mandarin was "eat your fingers off".

Rolls-Royce changed the name of its Silver Mist car as mist translates as "excrement" in German.
The car was named Silver Shadow instead.

Ford had the Nova .... and that means 'doesn't go' in Spanish.

Honda however had a lucky escape. It almost named its new car the Fitta, which is a vulgar description for vagina in Swedish. It apparently did not translate well in a number of other languages.
Apparently the issue was detected early on and a decision was made to name the vehicle Jazz in most countries.
 
peter2 said:
Facebook is rebranding to Meta. (yuk)

What's so funny, is that two Nasdaq companies opened gap up this morning. Meta Materials and Meta Financial.
Could only be retail traders.
Click to expand...
what a piece of BS, pushing narrative to that point..there is nothing meta(universe)..the last trendy buzz word about FB.
Honestly, FB is the worst SM platform by a mile compared to Chinese (gov...) WeChat yet it is the goto and no real choice,..
I personally think they'd better improve what is horrendous human interface and code, instead of wasting their money on PR branding..But i guess that's not where the money is;
If they manage to get billions and success serving sxxt to their users why change..
A bit like our governments isn't it..
 
Craton said:
meta not as in metaverse but as in metadata
Click to expand...
My immediate thought was why use a name that has negative connotations?

They could have picked any name at all so long as it's not someone's existing trademark but they picked a word with negative connotations directly related to their business?

It's the equivalent of naming a poorly constructed building "crumbling towers" or renaming a newspaper to "biased".

Or are they working on the principle that one way to keep something hidden is to make it so plainly obvious that it's universally overlooked in practice? :2twocents
 
Smurf1976 said:
My immediate thought was why use a name that has negative connotations?

They could have picked any name at all so long as it's not someone's existing trademark but they picked a word with negative connotations directly related to their business?

It's the equivalent of naming a poorly constructed building "crumbling towers" or renaming a newspaper to "biased".

Or are they working on the principle that one way to keep something hidden is to make it so plainly obvious that it's universally overlooked in practice? :2twocents
Click to expand...
They used meta for metaverse as pointed out, a buzz word for something i was building commercially 21 y ago...
 
Meta was the sixth biggest US company by market capitalisation at the start of 2022, flirting with a $US1 trillion market value.

Fast-forward 10 months and the stock is now worth (valued at) about $US260 billion, ranking it 27th in the world. Its market value is now smaller than companies including Chevron, Eli Lilly and Procter & Gamble.
 
Meta CEO Mark Zuckerberg said the company will cut more than 11,000 jobs in the first major round of layoffs in the social media giant’s history.

The reductions, equal to about 13 per cent of the workforce, were disclosed Wednesday in a statement. The company will also extend its hiring freeze through the first quarter.
“I want to take accountability for these decisions and for how we got here,” Zuckerberg said in the statement. “I know this is tough for everyone, and I’m especially sorry to those impacted.”
Click to expand...

Shares in Meta have dropped 71 per cent this year.
 
a need for a Threads thread?

Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar look to that of its rival.

Dubbed as the “Twitter-Killer”, Threads was the top free app on Apple’s App Store in the UK and the US on Thursday (Friday AEST).
 
Dona Ferentes said:
a need for a Threads thread?

Meta’s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar look to that of its rival.

Dubbed as the “Twitter-Killer”, Threads was the top free app on Apple’s App Store in the UK and the US on Thursday (Friday AEST).
Click to expand...

Some negatives for Threads.
You need Instagram to sign up and Threads doesn't have a trending topics section....yet. Search doesn't work well.

But Twitter is having technical problems and has become increasingly toxic, especially to advertisers not looking for controversy. A good time for Meta to attack.

Going to be interesting. Could go either way.
 
'Threads' is for people who need a 'safe space' away from the uncensored Twitter. Will appeal to the lefties and those who don't mind being told how to think and what to say by zuck and his sponsors. There's plenty of them out there, sadly.
 
Gringotts Bank said:
'Threads' is for people who need a 'safe space' away from the uncensored Twitter. Will appeal to the lefties and those who don't mind being told how to think and what to say by zuck and his sponsors. There's plenty of them out there, sadly.
Click to expand...
Yup, loosers the lot of 'em.

Meta's new Threads platform, a direct competitor to Twitter, has achieved a remarkable milestone by attracting more than 100 million users in less than five days since its launch. This makes Threads the fastest-growing online platform in history, surpassing the previous record held by OpenAI's ChatGPT, which took two months to reach 100 million users
 

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