Your Source for NPR News & Music
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
KTEP is upgrading its studio mixer. There might be audio drops while we test digital signal.

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.

Related Stories