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Fidelity marks down X valuation by 71.5%

January 2, 2024

Mutual fund company Fidelity has marked down its investment in X holdings — the parent company of X (formerly Twitter) owned by Elon Musk — by 71.5% from the original valuation of shares, according to a new disclosure. Fidelity spent $19.2 million to acquire a stake in X back in October 2022. The fund manager […]

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Meta cuts prices for Quest 2 headset and accessories

January 2, 2024

Months after Meta launched its Quest 3 headset, the company is slashing prices for its older Quest 2 headset by $50 permanently. The 128GB version drops from $299 to $249 and the 256GB version drops from $349 to $299. Notably, the headset has been on sale at the new prices since Black Friday. However, Meta […]

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