Meta Platforms Inc saw shares skyrocket 18 percent on Wednesday following first quarter (Q1) earnings report, global media reported on Thursday. The Meta earnings call was today and Mark Zuckerberg posted on Facebook going over what was said. Its move to brick and mortar stores aimed to attract users by offering firsthand immersive experiences and access to products. In March, the Irish Data Protection Commissioner (DPC) also slapped Meta Platforms with a €17 million fine after it said the Metaverse firm failed to sufficiently shield users’ data from harm. A Meta spokesperson responded at the time,“This fine is about record-keeping practices from 2018 that we have since updated, not a failure to protect people’s information.

Source: Libya Today April 28, 2022 11:13 UTC