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The Latest Breaking News from Facebook

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

TechScape: This cutting edge AI creates art on demand – why is it so contentious?

Dall-E 2 can conjure vivid pictures of dogs in berets to astronauts playing basketball. It also represents every major ethical concern there is about AI.

The Guardian - UK

Elon Musk hints at charges for some Twitter users

Twitter may begin charging some users for access in a bid to make more money, Elon Musk has hinted.

Evening Standard

From analysis to the latest developments in health,
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German Regulator Imposes Tougher Rules on Facebook Owner Meta

Germany's cartel office said that Meta Platforms Inc, the owner of Facebook, has "paramount significance for competition across markets", a classification which gives the regulator more leeway to curb digital companies' market power. Under legislation introduced by German lawmakers in early 2021, the cartel office can ban what it deems…

Asharq Al-Awsat

Election candidate tells pub landlady his family won't ever go there again after she endorses a rival

Mark Tribe has been criticised for his Facebook message but he felt it was 'pretty harmless' and that going to the pub would have been awkward

Wales Online

Facebook keeps pivoting to new projects — and then abandoning them

The company's been swiveling from one big effort to the next. Is it "failing fast" or just flailing?

Axios

'Have some respect': Fury as pile of rubbish dumped near graves at Greater Manchester cemetery

'It's heartbreaking... and a symptom of a society that doesn't care'

Manchester Evening News

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Creepy house with hidden torture chamber cave in basement goes on market

This incredible property in Pennsylvania, US, has just hit the market - with three bedrooms, two bathrooms, and a basement cave that Facebook users have said looks like a "torture chamber"

Daily Mirror

She's been branded a traitor. A new exhibition says Mexican icon Malinche was anything but

DENVER — Though he may be renowned for lobbing vulgar insults, the barb that Los Angeles County Sheriff Alex Villanueva directed at Supervisor Hilda Solis in July 2020 left even longtime observers stunned. Solís had made comments critical of systemic racism by police toward people of color. "Are you trying,"…

Los Angeles Times

Musk Says Twitter May Charge Slight Fee for Commercial, Government Users

Elon Musk said on Tuesday Twitter Inc might charge a "slight" fee for commercial and government users, part of the billionaire entrepreneur's push to grow revenue which has lagged behind larger rivals like Meta Platforms Inc's Facebook. "Twitter will always be free for casual users, but maybe a slight cost…

Asharq Al-Awsat

Facebook's Parent Developed A New AI Language Model — Now It's Giving It Away For Research

Facebook parent Meta Platforms Inc (NASDAQ: FB) says it is giving away research surrounding a large language model in its commitment to “open science.”

Benzinga

Federal election 2022: Political parties spend big to win over West Australian voters

An ABC analysis of advertising dollars being ploughed into social media campaigns by political parties reflects the key role Western Australia will play in the federal election.

ABC News

Federal election: Rising interest and inflation rates dominate debate between Josh Frydenberg and Jim Chalmers — as it happened

Interest rates, cost-of-living pressures and how each party would start to repay our historic debt dominate the treasury debate. Look back at all the day's politics.

ABC News

Cops Who Arrested Man Over Fake Facebook Page Get Qualified Immunity

Anthony Novak's arrest and subsequent lawsuit set up a debate around overcriminalization and free speech.

Reason

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Reason

The Disinformation Panic

This “unprecedented crisis for democracy” is neither unprecedented nor a crisis for democracy.

The Hindu

HC directs suspected Maoist to owe allegiance to the Constitution as condition to grant of bail

Directs him to file an affidavit in Tamil, affixing his signature and thumb impression, that he does not believe in maoist ideology

Benzinga

Metaverse Land Just Sold For $10,498 (6,999 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $10,498, which is 1.92x the current floor price of 1.94661027 Ethereum (CRYPTO: ETH) ($10,498 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Benzinga

This Plot Of Digital Land Just Sold For $66,600 In MANA In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $66,600, which is 12.20x the current floor price of 1.94661027 Ethereum (CRYPTO: ETH) ($66,600 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Metaverse Land Just Sold For $7,872 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,872, which is 2.12x the current floor price of 1.32 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Virtual Land Just Sold For 3,500 SAND In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,560, which is 2.04x the current floor price of 1.32 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

This Plot Of Digital Land Just Sold For $33,738 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $33,738, which is 9.09x the current floor price of 1.32 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

The Conversation

Elon Musk's bid to take over Twitter recalls the robber barons of the 19th century

Pundits, academics and members of the public have criticized Elon Musk’s successful bid to acquire Twitter. Some Twitter users have even considered leaving the platform.

The Independent UK

Kailia Posey death: Toddlers & Tiaras star dies aged 16

Posey appeared on the US pageant reality series as a child, becoming known through a viral GIF

The Guardian - UK

‘Extra level of power’: billionaires who have bought up the media

Elon Musk joins a list of men to use their wealth in the hope of extending their political influence

The Guardian - UK

Candidates in 21 council areas run ads opposing LTNs and clean air zones

Conservative candidates placed the most Facebook ads pledging to roll back the schemes, Guardian analysis reveals

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