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The Latest Breaking News from Meta

Meta won't build a dedicated metaverse after all, exec says

Nick Clegg, Meta's president of global affairs, published an 8,000 word essay about metaverse ideals.

Input

A Decade From Facebook's IPO: Here's How Much $1,000 Invested In 2012 Is Worth Today Vs. Big Tech Peers

Meta Platforms Inc (NASDAQ: FB) made a high-profile Wall Street debut on May 18, 2012, when it was called Facebook. The initial public offering of 421.234 million shares was priced at $38 apiece, valuing the company at a whopping $104.12 billion.

Benzinga

EU policy aims for Big Tech ‘gatekeepers’

The European Union’s Digital Markets Act is a bold, innovative attempt to do what no power has successfully done: mitigate the power of tech giants.

360info

From analysis to the latest developments in health,
read the most diverse news in one place.

Labor has reheated its 'Mediscare' campaign for the 2022 election. How do its claims stack up?

For the third election in a row, Labor is running a campaign to convince you that the Coalition has a plan to cut Medicare if re-elected. How do the claims stack up, and is there any evidence?

ABC News

This Plot Of Digital Land Just Sold For $4,288 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,288, which is 1.35x the current floor price of 1.62 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 $4,838 (2 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,838, which is 1.52x the current floor price of 1.62 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 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,779, which is 1.82x the current floor price of 1.62 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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Guggenheim Maintains Buy Rating for Meta Platforms: Here's What You Need To Know

Guggenheim has decided to maintain its Buy rating of Meta Platforms (NASDAQ:FB) and lower its price target from $275.00 to $250.00. Shares of Meta Platforms are trading down 2.94% over the last 24 hours, at $196.67 per share.

Benzinga

Analyst Ratings for Meta Platforms

Within the last quarter, Meta Platforms (NASDAQ:FB) has observed the following analyst ratings:

Benzinga

How the metaverse could change the purpose and feel of cities

Several companies, including Apple and Microsoft, are betting that the world of tomorrow will, at least in part, be carried out in the metaverse. To this end, Microsoft recently acquired the video game giant Activision Blizzard for US$68.7 billion.

The Conversation

Facebook Goes Full Meta: Pay Elements Adopts Meta ID

Parent company formerly known as Facebook renames digital pay unit to bolster brand consistency.

Zenger

Jony Ive had one wacky idea for Apple's mixed reality headset

A new report details Apple's internal conflicts over its long-rumored mixed reality headset and the odd features it might ship with.

Input

Virtual Land Just Sold For 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,127, which is 1.21x the current floor price of 1.6499 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

The metaverse is coming but we still don’t trust AI

Many people believe that technology is neutral or unbiased, but the reality is more complex, especially in an immersive environment.

360info

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news in one place.

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Benzinga

This Plot Of Digital Land Just Sold For $4,268 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,268, which is 1.25x the current floor price of 1.69 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 $4,448 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,448, which is 1.30x the current floor price of 1.69 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 $6,066 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $6,066, which is 1.78x the current floor price of 1.69 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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 32 strange trades.

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news in one place.

100's of premium titles.
One news app.

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…

The Guardian - UK

Buffalo might never have happened if online hate had been tackled after Christchurch

Meta, Twitter and Google have done little to fight radicalisation, violating their own rules, says the CEO of the Center for Countering Digital Hate, Imran Ahmed

Axios

Court opens way for flood of Texas "censorship" lawsuits

Texans are expected to start suing giants like Meta and YouTube over content moderation decisions they don't agree with.

Bangkok Post

TikTok Is Eating Up Rivals. Can It Keep Users Hooked?

If the sun is setting on Facebook, then TikTok is dancing in the moonlight. How long can its short-form video hold consumers' fickle attention?

Asharq Al-Awsat

Tech Titans Curb Hiring in a 'Challenging Macro Environment'

From e-commerce colossus Amazon to social networking star Facebook, US tech firms that once grew with abandon have reined in hiring to endure tumultuous times. Internet giants that saw business boom during the pandemic have taken a hit from inflation, war, supply-line trouble and people returning to pre-Covid lifestyles, said…

The Guardian - US

‘Unstoppable until they aren’t’: are tech market losses signs of a bust?

Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first loss since 2015, but a slump ‘is a big question mark’

Benzinga

Virtual Land Just Sold For 2,200 SAND In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $2,970, which is 1.09x the current floor price of 1.35 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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