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Bitcoinist

Layoff Rumors And Metaverse Cuts Push Meta Shares Higher--Details

Meta Platforms Inc. shares climbed after reports that the company is weighing deep reductions to the budget behind its metaverse projects. Investors pushed the stock higher as traders reacted to the possibility that one of the company's most costly bets could be scaled back. Related Reading: Bitcoin's Dark Energy: Malaysia Cracks Down, Seizing 14,000 Rigs [...]

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