- Meta Platforms, Inc (NASDAQ:META) stock is trading up Monday amid several positive reports, including its collaboration with Magic Leap to maintain its edge in augmented reality against Apple Inc (NASDAQ:AAPL).
- The Facebook parent is amid a multi-year intellectual property licensing and manufacturing deal with Magic Leap.
- Meta is preparing to launch its Twitter Inc rival, codenamed “P92” and now dubbed “Barcelona,” in the summer of 2023.
- Meta reportedly shared some screenshots of the new app with a limited number of creators, including Lia Haberman.
- Interestingly, Meta-owned WhatsApp users can edit their messages for up to 15 minutes after sending them the same.
- Meta will mark the Edited messages as edited alongside them without showing edit history and protect the edits by end-to-end encryption.
- Also, Meta looks to let go of 6,000 more workers this week, per CEO Mark Zuckerberg.
- Meta laid off 11,000 employees in November, and in March this year, Meta announced 10,000 job cuts again.
- With the elimination of 4,000 positions so far, there are still 6,000 employees remaining on the list who will like in May this year, as per a report last week.
- Price Action: META shares traded higher by 1.10% at $248.33 on the last check Monday.
Lowe’s Rolls Out Nationwide Same-Day Delivery: A Step Closer To Omnichannel Retailing
Lowe’s Companies Inc (NYSE: LOW) is expanding its same-day delivery service nationwide for orders placed on Lowes.com and the mobile app.
