Meta’s 677bn rout boots it out of world’s top 20 stocks
The Times of India Hyderabad|October 28, 2022
Meta Platforms share-holders are paying-dearly for its spending on the metaverse: The Facebook parent’s market value has collapsed by a whopping $677 billion this year, forcing it out from the ranks of the world’s 20 largest companies.
Meta’s 677bn rout boots it out of world’s top 20 stocks

The punishment shows no signs of easing anytime soon. Meta’s stock is down as much as 25% after it spooked investors with ballooning costs to fund its version of virtual reality and a decline in revenue.

Meta was the sixth biggest US company by market capitalisation at the start of the year, flirting with a $1trillion market value. Fast forward 10 months and the stock will be worth about $258 billion, ranking it 26th. Its market value is now smaller than companies including Chevron, Eli Lilly and Procter & Gamble

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Tollywood was happy hunting turf for conman
The Times of India Hyderabad

Tollywood was happy hunting turf for conman

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State-funded Metro to chug into RGIA in 3 yrs
The Times of India Hyderabad

State-funded Metro to chug into RGIA in 3 yrs

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Rajiv Makhni becomes the face of smart tech luggage with proximity indicator
The Times of India Hyderabad

Rajiv Makhni becomes the face of smart tech luggage with proximity indicator

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I want to reach out to Samantha and tell her that if I can make it, so can you, says Vikram Bhatt
The Times of India Hyderabad

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The filmmaker opens up about his 18-year-long battle with fibromyalgia, a chronic disorder that causes widespread muscle pain

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Rain ruins second ODI
The Times of India Hyderabad

Rain ruins second ODI

The match was reduced to 29-overs-a-side as the first interruption caused a four-hour break. India were 22 for no loss in the fifth over at that time.

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1 min  |
November 28, 2022
Croatia come in hard, show Canada the exit
The Times of India Hyderabad

Croatia come in hard, show Canada the exit

After their dour opening draw with Morocco had instigated a post-mortem into whether this Croatia side lacked a killer instinct, Kramaric and Marko Livaja found the net before the break to take the wind out of Canada’s sails.

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Denmark calls on Euro 2020, Eriksen experience
The Times of India Hyderabad

Denmark calls on Euro 2020, Eriksen experience

Denmark has been here before.

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Ronaldo targets KO berth
The Times of India Hyderabad

Ronaldo targets KO berth

Win Vs Uruguay Will Help Portugal Advance With A Game To Spare

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Govt doubles large aircraft wet lease period to 1 yr
The Times of India Hyderabad

Govt doubles large aircraft wet lease period to 1 yr

Accordingly, IndiGo can now wet lease two twin aisles to operate flights between Delhi/Mumbai and Istanbul for a year.

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Deuba's party emerges as single largest party in poll
The Times of India Hyderabad

Deuba's party emerges as single largest party in poll

Elections to the House of Representatives and seven provincial assemblies were held on November 20.

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