Digital Media Center
Bryant-Denny Stadium, Gate 61
920 Paul Bryant Drive
Tuscaloosa, AL 35487-0370
(800) 654-4262

© 2024 Alabama Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
WHIL is off the air and WUAL is broadcasting on limited power. Engineers are aware and working on a solution.
Alabama Shakespeare Festival Enter for Joseph and the Amazing Technicolor Dreamcoat

Facebook's rebranding as Meta has unintended financial consequences

NOEL KING, HOST:

Good morning. I'm Noel King, with a story of unintended consequences.

Facebook, of course, has rebranded as Meta. A Canadian materials company, also called Meta, got very lucky when investors then bought shares of its stock. CNBC reports the Canadian company's shares surged nearly 25%. The CEO of that company even tweeted welcome to the Metaverse to Mark Zuckerberg.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

News from Alabama Public Radio is a public service in association with the University of Alabama. We depend on your help to keep our programming on the air and online. Please consider supporting the news you rely on with a donation today. Every contribution, no matter the size, propels our vital coverage. Thank you.