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The Latest Breaking News from Meta

Digital Cash Cow: Metaverse Numbers Are Skyrocketing

Private companies value the metaverse and its properties at more than $1 trillion.

Zenger

Barack Obama Says People 'Dying,' Democracy 'Under Threat' Due To Disinformation On Social Media

Former President Barack Obama said “people are dying” due to disinformation on social media services in a speech at Stanford University, the Washington Post reported on Thursday,

Benzinga

Meta's Sheryl Sandberg allegedly leant on news site to drop stories about ex-boyfriend

The Daily Mail dropped two stories detailing Activision’s Bobby Kotich’s abuse of an ex after threats by Meta executive, WSJ reports

The Guardian - US

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How to preserve our privacy in an AI-enabled world of smart fridges and fitbits? Here are my simple fixes

The Second Law of Thermodynamics states that the total entropy of a system – the amount of disorder – only ever increases. In other words, the amount of order only ever decreases.

The Conversation

Top Meta Official Faces Internal Scrutiny For Doling Out Favours To Activision CEO Bobby Kotick

Meta Platforms Inc (NASDAQ: FB) COO Sheryl Sandberg faced internal scrutiny for allegedly pressing a U.K.

Benzinga

Credit Suisse Slashed Price Targets On Google, Meta Ahead Of Quarterly Earnings

Credit Suisse analyst Stephen Ju slashed the price targets on two Big Tech companies ahead of their quarterly earnings.

Benzinga

This Plot Of Digital Land Just Sold For $15,642 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,642, which is 3.00x the current floor price of 1.7 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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Inflation And Tech Earnings Set To Rattle Many Markets Next Week

Next week, the largest market events will centre on inflation, with Australia and the European Area updating the market as to their respective rising consumer prices. Wednesday, April 27, 2022 Australia Inflation Rate YoY Q1

Benzinga

Meta Platforms Whale Trades For April 21

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 64 strange trades.

Benzinga

Google, Facebook Restrict Social Media Presence Of Hong Kong's Leadership Candidate

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms Inc (NASDAQ: FB) have restricted the social media presence of former Hong Kong security chief John Lee due to U.S. sanctions, the Financial Times reports. Google-owned video streaming platform YouTube suspended Lee’s campaign channel, while Meta’s Facebook and Instagram banned payment services by the former official despite…

Benzinga

States’ next tech target: Regulating online speech

A former Facebook executive has a plan to help state lawmakers pass rules that work.

Axios

KeyBanc's Take On Alphabet, Trade Desk, Meta, Pinterest, Snap Ahead Of Quarterly Earnings

KeyBanc saw another volatile advertising earnings season as inflation and macro pressures weighed on advertising budgets.

Benzinga

Metaverse Land Just Sold For $56,970 (27,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $56,970, which is 6.90x the current floor price of 2.692 Ethereum (CRYPTO: ETH) ($56,970 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

The 8 most important VR games coming to Quest 2 in 2022

Meta showed off several games launching on Quest 2, including Among Us VR, NFL Pro Era, Moss: Book II, updates to Resident Evil 4, and more.

Input

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The Independent UK

Parents sue Facebook, Instagram and Snapchat claiming they caused teenage son’s suicide through ‘addictive design’

The family of Christopher ‘CJ’ Dawley allege that their son developed a social media addiction that led to his death

Benzinga

What's Going On With Meta Platforms Stock?

Meta Platforms Inc (NASDAQ: FB) shares are trading significantly lower Wednesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 20, 2022

Upgrades

Benzinga

10 Biggest Price Target Changes For Wednesday

Pivotal Research cut Netflix, Inc. (NASDAQ: NFLX) price target from $550 to $235. Netflix shares dipped 27% to $254.64 in pre-market trading.

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news in one place.

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Benzinga

Meta's WhatsApp Business Fund Transfer Hits Roadblock In Brazil: FT

Meta Platforms Inc's (NASDAQ: FB) long-awaited ambition of allowing users to send money to businesses via messaging app WhatsApp in Brazil suffered a roadblock with potential payments partners, the Financial Times reports. WhatsApp looked to launch a payments-to-merchant (p2m) function in Latin America's most populous country in 2021. However, WhatsApp has struggled to…

Benzinga

Is Meta Stock Being Overlooked? Why This Investor Is Buying Ahead Of Earnings

Netflix Inc (NASDAQ: NFLX) kicked off FAANG earnings Tuesday, announcing quarterly results after the bell, but there's another FAANG name on one investor's radar.

Benzinga

Metaverse Land Just Sold For $71,038 (32,888 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $71,038, which is 8.50x the current floor price of 2.693 Ethereum (CRYPTO: ETH) ($71,038 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…

Reuters

Russian court says appeal launched against ban on Meta for "extremism" - Interfax

An appeal has been launched against a Moscow court ruling that banned Meta from operating in Russia on the grounds of "extremist activity", Interfax news agency said on Tuesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 19, 2022

Upgrades

Benzinga

Here's Why Meta Investors Remain Divided Over Board Member Election

A group of shareholders urged Facebook parent Meta Platforms Inc (NASDAQ:FB) shareholders to vote against the re-election of two board members, Marc Andreessen and Peggy Alford. PayPal Holdings Inc's (NASDAQ:PYPL) Peggy Alford joined the Facebook parent's board in 2019, whereas venture capitalist Marc Andreessen has served on the company's board since June 2008, Reuters reports. "We…

Benzinga

Amazon Is Hiring For Multiple Positions For AR Products

Amazon.com Inc (NASDAQ:AMZN) has been looking to hire for multiple roles for an unannounced AR/VR product, reflecting its plans of building a substantive team, the Protocol reports. Amazon looks to fill many senior positions for computer vision scientists, designers, program managers, product managers, researchers, and technologists. Amazon looked for someone to develop…

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