Meta to Revamp Horizon Metaverse App, Plans to Open for Teen Use as Soon as March

Facebook parent Meta's new strategy for its fledgling Horizon Worlds metaverse app includes opening it up to teens aged 13 to 17.

 
Robinhood Hits Back at SEC, Warns of Threat to Zero-Commission Trading

The regulator's proposals would crimp payment for order flow, a key source of the brokerage's revenue.

 
Armada Hoffler Plans Private Bond Sales After Securing First Credit Rating

The REIT wants to reduce the proportion of its debt tied to variable rates from its current 55% to about 10% over the next five to 10 years, the CFO says.

 
Apollo in Talks to Take Stake in Credit Suisse Unit

An investment in CS First Boston would represent another level of commitment from Apollo, which had previously agreed to take over Credit Suisse's securitized-products group.

 
BP Slows Transition to Renewable Energy as Oil Bonanza Continues

The company said it would shift to lower-carbon energy, increasing spending on the oil-and-gas production that helped push the company to a record profit last year.

 
SoftBank Loses Nearly $6 Billion in Quarter as Investments Suffer

SoftBank Group's tech investment vehicles posted a loss of nearly $6 billion in the latest quarter, leading the company to reiterate its conservative approach.

 
Beyoncé's Ticket Sales Are Ticketmaster's Next Test After Taylor Swift

Fan presales for the superstar's Renaissance World Tour are staggered over several weeks to mitigate overwhelming demand that previously crashed Ticketmaster's site.

 
Nintendo Cuts Guidance on Weaker Sales

The Japanese videogame company expects weaker sales of Switch consoles and software.

 
BNP Paribas Ups Targets Despite Profit Miss

BNP Paribas profit and revenue missed expectations in the fourth quarter but it announced EUR5 billion in buybacks and raised its financial targets through 2025.

 
CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health

The deal, which could be announced this week, would expand the health insurer and pharmacy chain's role in medical care.

(END) Dow Jones Newswires

February 07, 2023 07:00 ET (12:00 GMT)

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