Iraq Bulletin

Tag : $10 billion bond


Funding for metaverse projects is raised with a $10 billion bond issue by Meta

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday. The technology giant plans to use the raised capital to revamp its business and fund share buybacks. Several expensive initiatives, including its virtual reality metaverse, will also be funded with......