Meta Platforms (NASDAQ: FB), the tech giant formerly known as Facebook, has never revealed any exact shipment figures for its Oculus virtual reality (VR) headsets. This August, Meta's AR and VR chief Andrew Bosworth said he was "convinced" it would hit that threshold earlier than it "had initially expected." Meta didn't say anything else about hitting that target during last quarter's conference call, but it attributed the 195% year-over-year growth of its "others" segment to "strong Quest 2 sales." Read More...
MarketWatch
Dow plummets nearly 700 points as COVID variant sparks global selloff
U.S. stocks opened sharply lower Friday, joining a global equity selloff following the discovery in South Africa of a variant of the coronavirus that causes COVID-19. The Dow Jones Industrial Average was down 694.53 points, or 1.9%, at 35,109.85 after falling more than 800 points in early action, while the S&P 500 dropped 62.31 points, or 1.3%, to 4,639.15. The Nasdaq Composite shed 137.84 points, or 0.9%, to 15,707.39. Analysts noted it remains unclear to what degree the new variant may be more
