Reuters12-04 22:17
** Meta Platforms META.O shares rise 6.7% to $682.35 premarket
** CEO Mark Zuckerberg is expected to cut resources for building Metaverse, Bloomberg News reports
** Co executives have discussed budget cuts of up to 30% for the Metaverse group next year, report says
** Up to last close, META has risen 9.2% this year
(Reporting by Anhata Rooprai in Bengaluru)
((Anhata.Rooprai@thomsonreuters.com))
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