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The Latest Breaking News from Meta

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

What's Going On With Facebook (Meta Platforms) Shares Today?

Shares of several companies in the streaming, social media and gaming sectors, including Meta Platforms Inc (NASDAQ: FB), are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points.

Benzinga

Mark Zuckerberg Teases Wearable Tech with Neural Interface in Facebook Post

Meta Platforms Inc's chief executive, Mark Zuckerberg, on Wednesday teased a new smart glasses project with EssilorLuxottica, posting a photo of the eyewear company's chairman sporting a prototype of a neural interface wristband - designed for directing other devices. "Here Leonardo is using a prototype of our neural interface EMG…

Asharq Al-Awsat

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

Metaverse Land Just Sold For $12,814 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $12,814, which is 3.21x the current floor price of 1.4 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

If You Invested $1,000 In Meta Platforms Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

Elon Musk hints at charges for some Twitter users

Twitter may begin charging some users for access in a bid to make more money, Elon Musk has hinted.

Evening Standard

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German Regulator Imposes Tougher Rules on Facebook Owner Meta

Germany's cartel office said that Meta Platforms Inc, the owner of Facebook, has "paramount significance for competition across markets", a classification which gives the regulator more leeway to curb digital companies' market power. Under legislation introduced by German lawmakers in early 2021, the cartel office can ban what it deems…

Asharq Al-Awsat

Musk Says Twitter May Charge Slight Fee for Commercial, Government Users

Elon Musk said on Tuesday Twitter Inc might charge a "slight" fee for commercial and government users, part of the billionaire entrepreneur's push to grow revenue which has lagged behind larger rivals like Meta Platforms Inc's Facebook. "Twitter will always be free for casual users, but maybe a slight cost…

Asharq Al-Awsat

Facebook's Parent Developed A New AI Language Model — Now It's Giving It Away For Research

Facebook parent Meta Platforms Inc (NASDAQ: FB) says it is giving away research surrounding a large language model in its commitment to “open science.”

Benzinga

Metaverse Land Just Sold For $10,498 (6,999 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $10,498, which is 1.92x the current floor price of 1.94661027 Ethereum (CRYPTO: ETH) ($10,498 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

Metaverse Land Just Sold For $7,872 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,872, which is 2.12x the current floor price of 1.32 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 3,500 SAND In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,560, which is 2.04x the current floor price of 1.32 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 $33,738 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $33,738, which is 9.09x the current floor price of 1.32 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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The Guardian - UK

‘Extra level of power’: billionaires who have bought up the media

Elon Musk joins a list of men to use their wealth in the hope of extending their political influence

Input

Meta's high-end Cambria AR/VR headset is for working not gaming in the metaverse

A report from 'The Information' reveals Meta's plans to release two consumer Quest headset and two work-focused Cambria headsets each by 2024.

The Conversation

Facebook, YouTube, games & Grindr: what we know about online ads in the federal election

We’re halfway through the federal election campaign, and by now you’ve probably seen a significant amount of political advertising – much of it online.

Benzinga

Facebook Parent Sued By Internet Computer (ICP) Founders Over Infinity Logo

Meta Platforms Inc. (NASDAQ: FB) has been named in a lawsuit alleging trademark infringement.

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The Times of India

Elon Musk's grand vision for Twitter faces reality check in Asia

SAN FRANCISCO: For all the furor about which way Elon Musk might tilt US political discourse after getting the keys to Twitter Inc, his biggest challenges may emerge across the Pacific.

Input

Facebook's pivot to podcasts is going up in flames

After just one year, Facebook will cease its push into podcasts according to a report from 'Bloomberg.'

Benzinga

This Investor Is Shaking Up Exposure To Apple, Amazon And Meta: Here's What He's Buying And Selling

Amid recent volatility in the FAANG names, Virtus Investment Partners' Joe Terranova is shaking up his portfolio.

Benzinga

Virtual Land Just Sold For 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,874, which is 1.46x the current floor price of 1.44 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 $6,156 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $6,156, which is 1.53x the current floor price of 1.44 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 $13,426 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $13,426, which is 3.33x the current floor price of 1.44 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

StockNews.com

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.

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Dipanjan BanchurSince

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