Wednesday, June 1, 2022

Facebook's parent company to change stock ticker to META on June 9

The company said this is will replace the company's current ticker symbol 'FB', which has been used since its initial public offering in 2012. Reports say that the rebrand, from Facebook to Meta, is part of CEO Mark Zuckerberg's efforts to shift gears away from Facebook being known as just a social media company into plans for building the metaverse. https://ift.tt/LnGPUsF

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A look at Anthropic's Long-Term Benefit Trust, an unusual, opaque five-member trust whose trustees own no equity and hold enormous sway over the company (Theo Francis/Wall Street Journal)

Theo Francis / Wall Street Journal : A look at Anthropic's Long-Term Benefit Trust, an unusual, opaque five-member trust whose truste...