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The Latest Breaking News from Meta

Is Meta Stock Underperforming the Nasdaq?

Despite recently underperforming the Nasdaq Composite, analysts are optimistic about Meta’s prospects due to its advances in AI.

Barchart

Parents criticise ‘unforgivable’ delays by Meta in son’s sextortion death case

Ros and Mark Dowey say social media firm delayed handing over key data to police investigating son Murray’s suicide

The Guardian - UK

AI's regulatory troubles pile up as U.S. prepares antitrust probes and activists target Meta over privacy

The Justice Department will reportedly tackle Nvidia, with the Federal Trade Commission taking on OpenAI and Microsoft.

Fortune

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read the most diverse news in one place.

Israel funds covert US campaign: NYT

The operation drew comparisons to Russia's foreign meddling scheme that has been long decried by Democrats

Salon

Meta can't stop leaking its next VR headset, as it accidentally shows off the Quest 3S

Meta has once again leaked the the meta Quest 3S VR headset, this time in a video by its CTO on Threads.

TechRadar

Bullish Outlook? Check Out These 3 Bull Put Spread Ideas for Tidy Profits

The market continues to show some encouraging signs and if that continues, bull put spread trades could do well.

Barchart

Keeping children safe on social media: What parents should know to protect their kids

At what age should kids be on social media

The Independent UK

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Hitman is finally bringing back dual wielding, but it's coming in a new VR game that's exclusive to the Meta Quest 3

Hitman 3 VR: Reloaded is coming this summer.

PC Gamer

Which is the Cheapest ‘Magnificent 7’ Stock to Buy in 2024?

While we don't often use 'cheap' and 'Magnificent 7 stocks' in the same sentence, Amazon looks like a relatively cheap bet in the current markets.

Barchart

The FTC scrambles to rescue its Meta break-up suit

The antitrust regulator says the company now known as Meta kept it in the dark when making key acquisitions.

Fortune

Sorry Instagram, but we don't want to watch unskippable ads

This could finish off the once-loved social media platform.

Creative Bloq

Italy Fines Meta Over Data Use, Account Transparency

It also condemned Meta's handling of suspended Facebook and Instagram accounts.

Latin Times

Meta Quest headsets get a great free upgrade packed with essential new features

Meta Quest v66 rolling out to Meta Quest 3, Quest 2 and Quest Pro headsets.

News Corp aren’t ‘obsessed’ with the ABC, executive chairman says

Michael Miller, who is responsible for The Australian, Daily Telegraph, news.com.au and Sky News Australia, also blames social media for many of society’s ills

The Guardian - AU

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Evening Standard

Meta to train AI on UK Facebook and Instagram posts: how to opt out

Privacy activists have slated Meta’s plans to feed its AI photos and posts shared by adults on its social media platforms

AAP

Social media giants told to pay price, play by rules

For years, social media companies have been accused of acting above regulation but a top media boss says they must play by the same rules as everyone else.

Inverse

Meta's Affordable Quest 3S Could Cost 11 Times Less Than Apple Vision Pro

Meta's rumored upcoming Quest 3S mixed reality headset could be priced 11 times less than Apple's $3,500 Vision Pro spatial computer headset. With such a low price, it could completely crush the Vision Pro on price alone.

Android Central

Summer Games Fest has already begun for the Meta Quest 3

The Meta Quest 3 is getting loads of new updates and new games coming soon, including Hitman 3, a new Beat Saber OST, Netflix, Supernatural MR mode, and more.

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TechRadar

Unskippable ads are tech's latest curse – and now they're even coming to Instagram

Instagram has confirmed that it's starting unskippable ads – and that could prove the final straw for some of its users.

Tom’s Guide

Meta Quest 3S launch tipped as Meta Connect 2024 dates announced

Meta revealed the dates for Meta Connect 2024 where they are expected to reveal the lite Meta Quest 3S VR headset.

The Texas Tribune

Texas AG Ken Paxton launches new team to prosecute online privacy and security cases

The new initiative will target companies that illegally collect and sell users’ data, Paxton’s office said.

International Business Times UK

Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake

Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.

TechRadar

Netflix has a plan to fix its Meta Quest 3 app… abandon it and use the browser

Netflix and Meta have announced a new browser-based version of Netflix is coming to replace the old app on Quest.

Fortune

Instagram begins testing non-skippable ads in the main feed

No scrolling past these…

The Guardian - UK

Elon Musk does not grasp EU fears about disinformation on X, official says

EU commissioner Vera Jourová says tech firms must hire staff versed in legal and historical context of free speech in Europe

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People

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