Facebook changes name to Meta as it refocuses on virtual reality

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Reuters

By Elizabeth Culliford and Sheila Dang (Reuters) -Facebook Inc is now called Meta, the company said on Thursday, in a rebrand that focuses on investing in the “metaverse,” a shared virtual environment that it bets will be the successor to the mobile internet. The name change comes as the world’s largest social media company battles criticisms from lawmakers and regulators over its market power, algorithmic decisions and the policing of abuses on its services. CEO Mark Zuckerberg, speaking at the company’s live-streamed virtual and augmented reality conference, said the new name reflected its a…

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WTA says Chinese tennis star’s call with Olympic chief is not enough

Published by Reuters SHANGHAI (Reuters) – Chinese tennis star Peng Shuai’s video call with the president of the International Olympic Committee (IOC) does not address or alleviate the Women’s Tennis Association’s (WTA) concern about her well-being, the WTA said on Monday. The whereabouts of former doubles world number one Peng have been a matter of

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Merck seeks first U.S. FDA authorization for COVID-19 tablet

Published by Reuters (Reuters) -Merck & Co Inc said on Monday it has applied for U.S. emergency use authorization for its tablet to treat mild-to-moderate patients of COVID-19, putting it on course to become the first oral antiviral medication for the disease. Its authorization could help change clinical management of COVID-19 as the pill can

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U.S. Senate approves temporary lift to debt ceiling, averting default

Published by Reuters By Richard Cowan and Makini Brice WASHINGTON (Reuters) – The U.S. Senate on Thursday approved legislation to temporarily raise the federal government’s $28.4 trillion debt limit and avoid the risk of a historic default later this month, but it put off until early December a decision on a longer-lasting remedy. The Senate

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Flyers drop home opener to Canucks, 5-4, after shootout

Published by The Philadelphia Inquirer PHILADELPHIA — The Flyers have something to prove. The team’s mission to deem their 25-23-8 finish last season a fluke became the focus of the new-look squad, so much so that the “something to prove” mantra became a part of the team’s branding. However, in their 5-4 shootout loss to

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