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The Latest Breaking News from Meta

The Covid outbreak has been a catalyst for disrupting the tourism and digital landscapes, hastened when social media giant Meta (formerly Facebook) announced a rebranding towards the metaverse last year.

Bangkok Post

Blocked: YouTube Terminates Russia's House Of Parliament Channel

Alphabet Inc's (NASDAQ: GOOGL) YouTube has terminated the platform's state-operated Russian channel Duma TV amid the ongoing war in Ukraine, citing a violation of terms and services.

Benzinga

The rise of TikTok: why Facebook is worried about the booming social app

Chinese-owned video platform is set to overtake the advertising scale of Twitter and Snapchat combined

The Guardian - UK

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Meta's plans for custom chips are reportedly off to a rocky start

The goal was to create something like Apple's M1 chip for AR and VR devices, but reports suggest Meta is delaying its custom silicon for now.

Input

Metaverse Land Just Sold For $51,959 (22,300 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $51,959, which is 5.13x the current floor price of 3.1204725 Ethereum (CRYPTO: ETH) ($51,959 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 $12,666 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $12,666, which is 2.01x the current floor price of 1.94 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Michael Hiltzik: California's landmark corporate diversity law was overturned. What happens next?

Critics of the movement to make corporate boards more diverse by adding women and ethnic minorities to what used to be a white, male sandbox may take it as vindication that a California judge recently overturned as unconstitutional the 2020 state law mandating board diversity.

Los Angeles Times

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Better Buy for 2022: Meta vs. Twitter

In today's article, I will analyze and compare Meta (FB) and Twitter (TWTR) to determine which social media stock is currently a better investment.

StockNews.com

Paypal founder launches tirade against ‘gerontocracy’ over bitcoin

Peter Thiel, the libertarian tech investor, says figures such as Warren Buffett are hindering cryptocurrency

The Guardian - UK

Inside Meta HQ - from meetings in the metaverse to building tech for Ukraine

The tech firm has put down roots in a megalithic tech palace in Kings Cross. Katie Strick gets an exclusive look inside

Evening Standard

Why does the metaverse look so... normal?

In the metaverse, you can basically do anything you want, so why does it all look much like our normal world, ask Luke Pearson and Sandra Youkhana

The Independent UK

Morning mail: Russia suspended from UN human rights council, fresh Aukus controversy, record frogs

Friday: Western observers fear that genocidal language in Russian media may prompt more war crimes. Plus: Record-breaking wet season sees frog numbers in Queensland leaping ‘through the roof’

The Guardian - AU

Metaverse Land Just Sold For $11,447 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,447, which is 1.79x the current floor price of 1.979 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Metaverse Land Just Sold For $16,091 (5 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $16,091, which is 2.52x the current floor price of 1.979 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

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Benzinga

Weibo Plays With the Big Boys in Numbers, But Investors Still Worry

Key takeaways: Weibo’s revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending The company trails Meta in its ability to monetize users, and is very much in the shadow of local rival WeChat in terms of total user numbers By Ken Lo

Asharq Al-Awsat

Meta Says it is Considering Steps to Curb Russian Government Misinformation

Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the social media company, which also said it was reviewing additional steps to address misinformation from Russian government pages. "We're constantly reviewing our policies based on…

Input

Meta is testing virtual 'Zuck Bucks' after failed cryptocurrency project

Oh, that digital Prada suit is way too many Zuck Bucks, I think we should head to the Meta Mall for something cheaper.

Benzinga

Chart Wars, Twitter Vs. Meta Platforms: How Has Elon Musk's Role As Shareholder Influenced Stock Price?

Meta Platforms, Inc (NASDAQ: FB) and Twitter, Inc (NYSE: TWTR) were trading flat on Thursday morning, in tandem with the general markets, which were consolidating Wednesday's steep sell-off.

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Evening Standard

Susie Lau logs into the bizarre realms of Metaverse Fashion Week

On a digital trip to fashion’s new frontier, our columnist finds that the tech — and crucially, the clothes — just don’t compute

The Guardian - UK

Meta plans ‘Zuck bucks’ virtual coins for Facebook and Instagram users

Mark Zuckerberg hopes payment tokens will reduce platforms’ reliance on adverts as popularity wanes

The Independent UK

Meta: Russian invasion driving more disinformation online

A report from Facebook owner Meta finds a big jump this year in disinformation and propaganda linked to Russia's invasion of Ukraine

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

Benzinga

Read How Analysts View System1 Post Q4 Results

Analysts lauded System1 Inc's (NYSE:SST) Q4 FY21 beat and FY22 guidance. Benchmark analyst Daniel Kurnos noted that shares of System1 closed up 23% on a volume of 32 million shares on April 6 post Q4 beat. Kurnos called System1 "more than a meme" and saw it ready for another year of outperformance in 2022. Kurnos has…

Dynamite News

Facebook halts its F8 developer conference this year to focus on Metaverse

Meta, the company formerly known as Facebook, on Wednesday, announced their decision of pausing the F8 developer conference in 2022 as it gears up for new initiatives towards metaverse.

Bangkok Post

Meta removes Facebook accounts over misinformation ahead of Philippines polls

Meta Platforms Inc on Wednesday suspended a network of over 400 accounts, pages and groups ahead of general elections in the Philippines as the Facebook parent moves to crack down on hate speech and misinformation. The accounts included Facebook Pages and groups linked to Philippines' New People's Army, a banned…

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Ketanji Brown Jackson

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