Meta Platforms Stock News

The House Judiciary Committee is asking the U.S. Department of Justice to investigate Amazon and certain company executives "for what lawmakers say is potentially criminal obstruction of Congress," The Wall Street Journal reports Wednesday, per sources familiar with and a letter containing the request. The letter, sent to Attorney General Merrick Garland, accuses Amazon of refusing to hand over information requested by antitrust investigators looking into the tech giant''s competitive practices. Lawmakers allege said refusal "was an attempt to cover up what it calls a lie that the company told lawmakers about its treatment of outside sellers on its platform," the Journal writes. "Amazon repeatedly endeavored to thwart the committee''s efforts to uncover the truth about Amazon''s business practices," the lawmakers'' letter reads ."For this, it must be held accountable." The committee added that it is flagging for the DOJ "potentially criminal conduct by Amazon and certain of its executives.

Highlights McDonald''s informed that it is closing around 850 restaurants temporarily but will continue to pay its employees in Russia. Leading technology companies, such as Microsoft, Facebook, Google, Facebook (Meta) and Apple have also imposed sanctions on Russia. Microchip manufacturers Intel and AMD have also stopped supplying their products to Russia. Russia''s decision to attack Ukraine has attracted widespread condemnation from governments as well as companies across the globe. The war between Russia and Ukraine has prompted several western companies to reconsider their plans to continue businesses in Russia. Some companies have halted their operations after the beginning of the war, while some have pulled out completely. Suggested reading : ASX 200 opens flat; Nickel Mines plunges 22% On Tuesday (8 March 2022), McDonald''s announced that is closing around 850 restaurants temporarily. It has not mentioned the date by which the reopening can be expected. However, McDonald would continue to pay its staff in Russia.

Facebook/City of Daytona Beach A middle-aged couple in Daytona Beach, Florida were stabbed to death, their throats slashed, as they rode their bicycles home from a Bike Week event over the weekend. On Tuesday, police announced they have a person of interest in the double homicide, and are asking for the public’s help in identifying him. The pair, 48-year-old Terry Aultman and 55-year-old Brenda Aultman, were locals, Daytona Beach Police Department Chief Jakari Young said in an impromptu news conference , describing the slaying as “probably one of the most vicious and gruesome incidents that I’ve witnessed in my 20 years” on the job. Shortly before 2 a.m. Sunday, cops responded to a 911 call from a man who found the Aultmans lying in a grassy area next to the sidewalk, covered in blood, according to a news release from the City of Daytona Beach . Read more at The Daily Beast.

Shares of Meta Platforms Inc. rallied 1.50% to $190.29 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ…

The Facebook parent is still trading significantly below Wall Street''s consensus price estimate.

Users have been reporting issues with the app since around 6pm on Tuesday