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In a move that could be huge for the technology stock, Meta (META) has reintroduced a key feature as its stock price nears an all-time high. Indeed, the company announced that it is bringing back facial recognition to Facebook and Instagram as it looks to combat fraudulent activity connected to celebrities on the platform. The feature is making a return after first being abandoned three years ago. Moreover, it arrives amid a key time for the company’s stock value. One of the most recognizable brands in the social networking space, it is on the hunt for increased revenue sources amid its growing spending. All of which should be addressed in the upcoming Q3 earnings report to be issued next week. Source: Washington Monthly Also Read: Meta Stock Target Gets Boost as Q3 Looks to Build Off 2024 Success Meta Stock Looks to Set New Record as Facial Recognition Makes a Comeback within the ever-evolving tech sector, few massive corporations have taken as many risks as Meta. Although they h...

Bitcoin miner Marathon Digital Holdings has reported a substantial increase in revenue , marking a 670% rise year-on-year in the third quarter of 2023. This remarkable growth is attributed to a significant uptick in Bitcoin (BTC) production, which increased from 6.7 mined BTC per day in Q3 2022 to an impressive 37.9 BTC per day in Q3 2023. Marathon’s Q3 Earnings Release is here: – Revenue of $97.8M, due to 467% increase in #Bitcoin production and higher BTC prices. – Adjusted EBITDA improves to $43.7M. – 8% increase in hash rate; expanding with hydro-powered ventures in Paraguay. – Long-term debt reduced by 56%,… — Marathon Digital Holdings (NASDAQ: MARA) (@MarathonDH) November 8, 2023 The company’s financial health has also seen a positive turn, with a reported net income of $64.1 million for the quarter, as per the latest results filed on Nov. 8. This profitability is a notable swing from previous figures, highlighting the company’s rob...