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The Latest Breaking News from Meta

Meta Quest 3 Lite reportedly shown off in leaked images of cheaper VR headset

Meta's Quest 3 is getting an affordable alternative sometime this year, and leaked images reportedly reveal what it looks like.

Laptop

Mark Zuckerberg Net Worth: From Social Media Pioneer To Billionaire Tech Titan

The majority of Zuckerberg's wealth comes from his approximately 13% stake in Meta Platforms.

International Business Times

Turkey Takes Action Against Meta For Data Sharing

Turkey's action against Meta over data sharing concerns highlights global tech industry scrutiny and data privacy importance.

Top News

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Meta Platforms Put Options Have High Premiums - Ideal to Short as an Income Play

Meta Platforms stock has held up well since its earnings release. Its out-of-the-money puts still have high premium levels. This is ideal for short-sellers as an income play, especially for existing shareholders.

Barchart

Cheaper Meta Quest 3 Lite just leaked — here’s your first look

New renders show a ‘Lite’ version of Meta’s superb VR headset without the passthrough cameras.

Tom’s Guide

Leading adviser quits over Instagram’s failure to remove self-harm content

Exclusive: Psychologist accuses Meta of ‘turning a blind eye’ to posts she believes represent further danger to vulnerable women

The Guardian - UK

TikTok may be on borrowed time in the US, but it still holds a Trump card

Despite Congress threatening to ban the Chinese-owned app, the service has unexpectedly been handed a presidential joker

The Guardian - UK

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Meta's Role In Illegal Drug Sales Under Federal Investigation: Report

The paper quoted a spokesman for Meta as saying in a statement: "The sale of illicit drugs is against our policies and we work to find and remove this content from our services".

International Business Times

We may have our first look at the more affordable Meta Quest 3 Lite

An image supposedly showing the Meta Quest 3 Lite has leaked, and there are no passthrough cameras.

TechRadar

Don't Let E.U. Bureaucrats Design Americans' Tech

Some Democrats want to mimic Europe's policies on phone chargers and more.

Reason

Meta Successfully Appeals Court Order In Brazil

Meta successfully wins appeal in Brazil, allowing it to use its name and focus on operations without legal distractions.

Top News

Alphabet vs. Tesla: Which is the Best Magnificent 7 Stock to Buy Now?

The performance of Magnificent 7 stocks has been mixed in 2024, to say the least. While Ray Dalio thinks Alphabet and Meta are good buys, "valuation dean" Ashwath Damodaran is throwing his weight behind Tesla.

Barchart

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PC Gamer

Meta's insatiable appetite for Nvidia AI chips could add up to $7 billion worth of H100 GPUs by the end of the year

Meta bought a huge number of H100s last year. It's going to buy even more in 2024.

International Business Times

Cancer Patients In The Philippines Falling For Alternative 'Cures'

Filipino single mother Mary Ann Eduarte delayed chemotherapy for her breast cancer for several years and instead took food supplements falsely promoted on social media as cures for the deadly disease.

The Guardian - UK

Violent online content ‘unavoidable’ for UK children, Ofcom finds

Every child interviewed by media watchdog had watched violent material on the internet

Laptop

Meta Quest UI update could narrow the gap with Apple Vision Pro

Meta Quest's upcoming UI update could narrow the gap between itself and Apple's $3,500 Vision Pro.

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Android Central

Even the new Quest Link software can't save PCVR for me

Meta relaunched its PC Quest Link software this past week, so I gave it a try. Unfortunately, PCVR still hates me.

The Guardian - US

How Facebook Messenger and Meta Pay are used to buy child sexual abuse material

Court documents and interviews detail the products’ role in alleged exploitation – and how some payments go undetected

Roll Call

Supreme Court to weigh government role in online misinformation - Roll Call

The case could determine how far the federal government can go to in communicating with social media sites.

The Guardian - AU

Meta says Facebook cannot solve media industry’s ‘issues’ as it defends ending payments for news in Australia

Facebook owner repeats its opposition to news media bargaining code and claims just 3% of content in feeds is news-related

Android Central

Meta is channeling Apple Vision Pro in the upcoming Meta Quest UI update

Meta CTO Andrew Bosworth talked about the upcoming big Meta Quest UI update, which will include more personalized features and a focus on mixed reality.

Barchart

5 Russell 2000 Stocks Outperforming the 'Magnificent Seven' in 2024

The "Magnificent Seven" have lost some momentum in 2024, just as small-caps are starting to come on strong. Here's a closer look at five Russell 2000 stocks that are crushing the performance of their mega-cap peers so far this year.

Barchart

Unusual Options Activity in Microsoft and Meta Platforms Highlights Their Long Term Value

Today Barchart reported institutional investors initiated long-term call options (2 and 3-year expiration periods) in both Microsoft and Meta Platforms. This highlights their underlying value and upside.

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