The catalyst that drove the social media giant higher was excitement regarding Horizon Worlds, the company's social virtual reality (VR) platform and its current template for the metaverse. After more than a year in beta testing, Meta Platforms (the company formerly known as Facebook) has expanded access to Horizon Worlds. Admission to the budding metaverse is free for those 18 or older using Meta's Oculus Quest 2 headset in the U.S. and Canada. It also requires a Facebook account and lets users interact with up to 20 other participants at a time. Read More...
Reuters
Peloton parody helps reverse ‘Sex and the City’ sell-off
The stock was last up about 2.5%, partly recovering from a route of over 5% on Friday that was blamed on a scene in the just-released series premiere. In the scene, the fictional Mr. Big suffers a fatal heart attack after taking a Peloton bike class. The death of Big, played by actor Chris Noth, leaves a major character, actress Sarah Jessica Parker’s Carrie Bradshaw, a widow. On Sunday, Peloton posted on YouTube a tongue-in-cheek commercial responding to the scene, featuring Noth and Jess King, a real-life Peloton instructor who plays one in the HBO Max television comedy-drama, “And Just Like That.”
