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Apple unveiled its newest smartphone Wednesday during an event called “Far Out.” The event also featured an update on the company’s Airpods and Apple Watch. The daughter of Apple’s co-founder shared an interesting take on the new iPhone. What Happened: Apple Inc (NASDAQ:...

In 2016, Kanye West's apparel brand Yeezy partnered with Adidas AG - ADR (OTCQX: ADDYY) for Adidas + Kanye West to manufacture footwear, apparel and accessories. This took place after West left Nike Inc (NYSE: NKE) in 2013 because Adidas was willing to give ...

Ireland's data privacy regulator, the Data Protection Commission (DPC), has decided to levy a record fine of €405 million ($402 million) against Meta Platforms Inc (NASDAQ: META)-owned Instagram following an investigation into its handling of children's...

Meta Platform, Inc.’s (NYSE: META) Instagram has found much success with Reels — its own version of the hugely popular short video format of rival TikTok. Meta’s photo-and-video sharing app is now reportedly testing a feature that is similar to that of emerging smaller social...

The world’s richest person may have a large following on social media platform Twitter Inc (NYSE: TWTR), but don’t expect Elon Musk to join Instagram publicly anytime soon. What Happened: Earlier this year, Tesla Inc (NASDAQ: TSLA) CEO Musk passed the 100-million follower milestone...

Flow (CRYPTO: FLOW) was the best performing crypto token over the last week, rallying 47% over the last seven days. The news was largely driven by an announcement regarding the blockchain’s partnership with Meta Platforms’ (NASDAQ: META) Instagram to bring NFTs...

Meta Platforms (NASDAQ: META), the parent company of Facebook and Instagram, is updating plans for its launch of non-fungible tokens (NFTs). What Happened: The Menlo Park, California-based company is increasing the rollout of NFT integration on the social media platform Instagram to more than...

Meta Platforms, Inc.’s (NASDAQ: META) Instagram announced it would start collecting and measuring demographic information, including race and ethnicity, starting Thursday. The photo and video sharing app reasoned that these details are required to better understand different experiences...

Analysts are sizing up Wednesday's second-quarter earnings report from Meta Platforms that cited weaker advertising spending and several macro headwinds for the social media platform. Could growth of Reels be enough to offset revenue declines?  The Meta Platforms Analysts: RBC...

Meta Platforms Inc (NASDAQ: META) has reported a $2.8 billion loss in its Reality Labs (RL) division in the second quarter. What Happened: In an earnings release on Wednesday, the company reported a $2.8 billion loss from the RL segment while recording an income of $11.2...

Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg says one of the transformations at the company is that social feeds are going from being driven by people to being driven by artificial intelligence. What Happened: Zuckerberg, talking at Meta’s second-quarter...

Sisters Kylie Jenner and Kim Kardashian are not impressed with the changes made to Meta Platforms Inc’s (NASDAQ: META) Instagram platform, which they say makes it more TikTok-like. What Happened: Kardashian who has a 326 million-strong million following on Instagram and Jenner with 360...

The world’s richest man has one of the most followed accounts on the social media platform Twitter Inc (NYSE: TWTR): Elon Musk passed a milestone Monday for his Twitter account. Here’s a look at how his account has grown and who still has more followers than the Tesla Inc (NASDAQ:...

One of the greatest football (soccer) players of all time has signed an exclusive non-fungible token partnership with a leading cryptocurrency platform. What Happened: Binance has signed Cristiano Ronaldo to a multiyear, exclusive NFT partnership. The company said it will provide fans of Ronaldo a...

Meta Platforms, Inc. (NASDAQ: META) stock is slowly losing its appeal among institutional investors amid its recent fundamental setbacks. IP Capital Partners, one of Brazil's oldest independent investment managers liquidated its entire stake in Meta in early 2022, a monthly report from the...