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The Latest Breaking News from FB

Washington Attorney General Indicts Meta's Mark Zuckerberg For Alleged Role In Cambridge Analytica Scandal

The attorney general for Washington, D.C., charged Meta Platforms Inc (NASDAQ:FB) Facebook founder Mark Zuckerberg for allegedly participating in decision-making that led to the Cambridge Analytica data breach, the Wall Street Journal reports. The evidence shows Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading…

Benzinga

Here's How Much $100 Invested In Meta Platforms 10 Years Ago Would Be Worth Today

Meta Platforms (NASDAQ:FB) has outperformed the market over the past 10 years by 9.67% on an annualized basis producing an average annual return of 21.17%. Currently, Meta Platforms has a market capitalization of $532.63 billion.

Benzinga

Check Out What Whales Are Doing With Meta Platforms

A whale with a lot of money to spend has taken a noticeably bullish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 24 strange trades.

Benzinga

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Twitter, Meta See NY State Comptroller's Anger For Inadequate Content Moderation

New York State Comptroller Thomas DiNapoli has sought votes against directors at Twitter Inc (NYSE:TWTR) and Facebook parent Meta Platforms Inc (NASDAQ:FB) at their upcoming annual meetings, Reuters reports. Twitter and Meta's failure to tackle harmful content, including a mass shooting in Buffalo, N.Y., has led to the call. Thomas DiNapoli, who oversees New York's pension…

Benzinga

Media Finds Facebook Monetizing Searches For Buffalo Shooting Video With Ads

People searching on Meta Platforms, Inc (NASDAQ:FB) Facebook for footage of the May 14 racist shooting rampage in Buffalo, N.Y., may have come across posts with footage of the attack or links to websites promising the gunman's full video, the New York Times reports. The users have also come across multiple ads incorporated…

Benzinga

Facebook Archrival Marks Gaming Push With Latest Move

ByteDance Ltd owned TikTok conducted tests for users to play games on its video-sharing app in Vietnam, marking its major push into gaming, Reuters reports. Featuring games on its platform would boost advertising revenue and user time on the app. The Meta Platforms Inc's (NASDAQ:FB) Facebook rival looks to roll out gaming more widely in Southeast…

Benzinga

Big Tech Urges US Top Court To Block Social Media Law Curbing Political Opinion

Lobbying groups representing Facebook parent Meta Platforms Inc (NASDAQ: FB), Twitter Inc (NYSE: TWTR), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Google, and other tech companies filed an emergency request with the U.S. Supreme Court, Reuters reports. The groups looked to block a Texas law prohibiting sizeable social media platforms from banning users based on their political views. Also Read: Google, Facebook Restrict…

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Meta Looks To Cutback In Reality Labs In Its Quest For Metaverse

Facebook parent Meta Platforms, Inc (NASDAQ:FB) is preparing cutbacks in its Reality Labs division to refocus on hardware products and the "metaverse," Reuters reports. Meta was not planning layoffs as part of the changes. The division could not afford to do some projects anymore and postponed others. According to Reuters, Reality Labs lost…

Benzinga

Check Out What Whales Are Doing With Meta Platforms

Someone with a lot of money to spend has taken a bearish stance on Meta Platforms (NASDAQ:FB). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Buy The Dip: 4 Mega-Cap Stocks Wall Street Predicts Will Rally 28% - 58%

Concerns over historically high inflation, the Fed's aggressive interest rate increases, deepening supply chain issues due to rising COVID-19 cases worldwide, and the Russia-Ukraine war drove a broad sell-off in U.S. stocks last month. However, the market sell-off has created opportunities to buy high-quality mega-cap stocks at bargain prices. Thus,…

StockNews.com

Looking At Meta Platforms's Recent Whale Trades

Benzinga

Netflix vs. Facebook: Which Beaten-Down FAANG Stock Is Currently a Buy?

Shares of FAANG stocks such as Netflix (NFLX) and Meta Platforms (FB) are trading significantly lower compared to all-time highs. The two companies have trailed the equity markets by a huge margin but could remain attractive to both contrarian and growth investors at current prices.

StockNews.com

Microsoft vs. Meta Platforms: Which Big Tech Stock is a Better Buy?

With the war in Europe and expected rate hikes by the Federal Reserve driving stock market volatility, we think it could be wise to invest in quality big tech stocks because they are expected to generate steady returns in the long run. Therefore, both Microsoft (MSFT) and Meta (FB) should…

StockNews.com

Facebook Pulls Out Of Podcast Endeavor

Facebook rebranded Meta Platforms, Inc (NASDAQ:FB) has pulled out of podcasts, looking to remove them from the social-media service starting June 3, taking the edge off Spotify Technology S.A. (NYSE:SPOT), Bloomberg reports. Facebook announced various audio efforts in April 2021 to tap the budding market ruled by Spotify. The metaverse-focused company seemed more focused on…

Benzinga

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3 Mega-Cap Stocks That Beat Earnings Expectations

The stock market faces intense selling pressure due to ongoing geopolitical and macroeconomic headwinds. However, the number of S&P 500 companies beating earnings expectations exceeds the five-year average. Mega-cap companies Visa (V), Meta Platforms (FB), and Microsoft (MSFT) reported quarterly results last week, handily beating Street estimates. Let’s discuss.

Benzinga

What Are Whales Doing With Meta Platforms

Someone with a lot of money to spend has taken a bullish stance on Meta Platforms (NASDAQ:FB). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Improved Costs, Reels Growth, Attractive Multiples: What 6 Analysts Are Saying About Meta Platforms Post Earnings

Shares of social media and metaverse company Meta Platforms Inc (NASDAQ: FB) traded higher Wednesday after market close. The move came after the company reported first-quarter financial results. Here are the key takeaways from the earnings report from analysts.

Benzinga

Here's How Much $100 Invested In Meta Platforms 10 Years Ago Would Be Worth Today

Meta Platforms (NASDAQ:FB) has outperformed the market over the past 10 years by 6.31% on an annualized basis producing an average annual return of 17.91%. Currently, Meta Platforms has a market capitalization of $539.11 billion.

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Benzinga

Why Facebook Parent Meta Is 'Executing Well In Difficult Environment'

It was a turnaround of sorts for Meta Platforms, Inc. (NASDAQ: FB) Wednesday as the social media giant rebounded from the fourth quarter's disappointing performance.

Benzinga

Meta Still Subject To Consumer Lawsuits For Breach Of Data Protection Rules, EU Regulator Says

The European Union's top court said Meta Platforms, Inc (NASDAQ:FB) is still subject to consumer group lawsuits for possible violations of data protection rules, Bloomberg reports. In a dispute between the Federation of German Consumer Organizations and Meta's Facebook, Germany's top civil court sought the EU tribunal's guidance on whether lawsuits to protect…

Benzinga

Meta Platforms Q1 Earnings Highlights: EPS Beat, Revenue Miss, User Metrics Up And More

Social media platform and metaverse company Meta Platforms (NASDAQ: FB) announced first quarter earnings after market close Wednesday. Here are the highlights.

Benzinga

If You Invested $1,000 In Facebook's Stock When It Announced Meta Name Change, Here's How Much You'd Have Now

The world's largest social media company announced a rebrand back in October. Here's a look at how shares have performed since the announcement.

Benzinga

Meta Platforms Whale Trades For April 27

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 55 strange trades.

Benzinga

Facebook Parent To Make Its Meta Store Debut

Meta Platforms Inc (NASDAQ: FB) looks to make its retail store debut in California.

Benzinga

$100 Invested In Meta 10 Years Ago Would Be Worth This Much

Meta Platforms (NASDAQ:FB) has outperformed the market over the past 10 years by 5.4% on an annualized basis producing an average annual return of 17.01%. Currently, Meta Platforms has a market capitalization of $498.79 billion.

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