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Facebook's Meta takes on bond debt, in a first
Facebook's Meta takes on bond debt, in a first
by  AFP

Facebook-owner Meta is ending a run as one of the few major firms without debt, launching its first bond sale as the company battles uncertainty and bets heavily on its metaverse vision. "Meta has no debt on its balance sheet unlike other big technology players and the company will aggressively build out its metaverse strategy and that take a lot of capital," said analyst Dan Ives.

Apple accused of mishandling sex misconduct complaints: report
Apple accused of mishandling sex misconduct complaints: report
by  AFP

Over a dozen women accused Apple of mishandling sexual misconduct claims they lodged while working for the iPhone maker, according to a Financial Times report out Thursday. Apple is not the only big tech firm to face accusations about abuse or handling of misconduct claims, game studio Activision Blizzard and Elon Musk's Tesla have both been roiled by lawsuits.

Russian disinformation operation paid for pro-Ukraine war posts: Meta
Russian disinformation operation paid for pro-Ukraine war posts: Meta
by  AFP

A Russian outfit hired people off the street and paid them to post online comments intended to give the impression of grassroots support for Moscow's invasion of Ukraine, Facebook owner Meta said Thursday. Meta even found instances of some of the hired trolls undermining the deception effort by sprinkling pro-Ukraine comments in with their work, Agranovich said.

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