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The Latest Breaking News from Meta

UK could force messaging apps to adopt new technology to tackle abuse images

Home secretary says new powers to require tech firms to remove encrypted abuse material would bring privacy and security

The Guardian - UK

Metaverse Land Just Sold For $7,038 (8,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $7,038, which is 2.46x the current floor price of 2.398 Ethereum (CRYPTO: ETH) ($7,038 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…

Benzinga

What's Going On With Meta Platforms Stock Today?

Meta Platforms Inc (NASDAQ: META) shares are trading higher Tuesday. What's going on? Barclays analyst Amos Fletcher maintained Meta with an Overweight rating and lowered the price target from $370 to $280.

Benzinga

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Barclays Sees TikTok, Apple Stealing Digital Ad Mojo Of Google, Facebook, Amazon In 2022 - Read How

Barclays analyst Ross Sandler acknowledged that investors were "rightfully wary" about the trajectory of digital advertising growth in 2022, especially into Q2 earnings.

Benzinga

Drivers issued with urgent warning amid car insurance scam 'too good to be true'

There's a well-known saying that if something is 'too good to be true' then there's a good chance that it is and therefore you should avoid it and instead start doing your research - now experts have said one type of scam is on the rise.

Edinburgh Live

Facebook's post-Roe censorship

The move comes just after Meta vowed to cover travel expenses for employees seeking out-of-state abortions

Salon

Music and live gigs are coming to the metaverse — but probably not in the way you expect

Concerts, gigs and live performances in the metaverse could change how you experience music — but probably not in the way that you expect.

ABC News

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Benzinga Before The Bell: Kohl's Deal Talks Cancellation, Tesla's Racial Discrimination Lawsuit, Nio's Strong June Deliveries And Other Top Financial Stories Friday, July 1

CNBC Why Kohl’s Shares Are Plunging Today

Benzinga

TikTok's Smaller US Rival Files For IPO

Short video app Triller Inc has confidentially filed for an initial public offering with the U.S. SEC. Recently, Triller terminated its merger with video advertising software provider SeaChange International, Inc (NASDAQ:SEAC) when it shared plans to pursue an IPO with a potential listing under the ticker symbol "ILLR" by September. Also Read: Triller Merging With SeaChange International: What Investors Should…

Benzinga

Next post-Roe battlefield: Online abortion information

Conservatives are proposing new laws to limit the availability of basic abortion information online.

Axios

Khaby Lame, Now The Most Popular TikTok Star, Named Brand Ambassador Of This Crypto Company

A former factory worker is now the most followed person on ByteDance-owned social media platform TikTok. After crossing that milestone, Khaby Lame has landed a deal with cryptocurrency platform Binance.

Benzinga

Facebook Parent Meta Testing NFTs With Some Creators In The US: Report

Meta Platforms Inc (NASDAQ: META) is reportedly testing digital collectibles on Facebook with select creators across the United States.

Benzinga

Facebook Parent Meta Cuts Hiring Plans As Mark Zuckerberg Flags 'Worst Downturn In Recent History:' Report

Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg has reportedly asked his employees to brace for one of the worst economic downturns in recent history.

Benzinga

The next great tech opportunity

Businesses are touting the metaverse as a promising new opportunity to increase customer engagement and propel growth in the digital era.

Bangkok Post

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Benzinga

Here's How Much You Would Have Made Owning Meta Platforms Stock In The Last 10 Years

Meta Platforms (NASDAQ:META) has outperformed the market over the past 10 years by 7.22% on an annualized basis producing an average annual return of 17.9%. Currently, Meta Platforms has a market capitalization of $441.97 billion.

The Times of India

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

StockNews.com

3 Bargain Stocks Near 52-Week Lows to Buy and Forget

The lingering inflation and the Fed’s aggressive rate hikes are taking a toll on the market. However, we think it could be wise to buy and hold financially robust bargain stocks Meta Platforms (META), Micron Technology (MU), and Incyte (INCY), which are currently trading near 52-week lows. Keep reading….

Benzinga

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

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Benzinga

Benzinga Before The Bell: Tesla's Autopilot Layoff, TikTok Removal From App Stores, US Sanction On Russian Gold And Other Top Financial Stories Wednesday, June 29

CNBC

Benzinga

Developers Chide Meta For Exploiting Its Dominance To Charge For Metaverse Activities

Meta Platforms, Inc (NASDAQ: META) faced the heat over its metaverse activity fees, the Financial Times

Benzinga

This Is What Whales Are Betting On Meta Platforms

Someone with a lot of money to spend has taken a bearish stance on Meta Platforms (NASDAQ:META). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Tencent Targets Metaverse After Overseas Opportunities, EV To Drive Growth

Tencent Holding Ltd (OTC:TCEHY) acknowledged setting up a unit focused on exploring the space to tap multiple opportunities in extended reality (XR) technologies in the next 4-5 years, Reuters reports. Gaming chief Steven Ma disclosed that Tencent had set up an XR business line to combine hardware and software, betting on most…

Benzinga

Investors Seek More Transparent Tax, Disclosure Norms From Microsoft and Cisco

Britain-based proxy advisers Pensions & Investment Research Consultants (PIRC) sought more transparent tax and financial information from Microsoft Corp (NASDAQ:MSFT) and Cisco Systems, Inc (NASDAQ:CSCO), Reuters reports. The resolution urged Microsoft to disclose financial and tax information country-by-country outside the U.S. to help investors assess its fairness and identify any risks posed by tax reforms. It also…

The Guardian - UK

I saw first-hand how US tech giants seduced the EU – and undermined democracy

Silicon Valley used opaque lobbying to weaken crucial new regulations. Firms like Google and Meta must be held to account

WEKU

Instagram and Facebook begin removing posts offering abortion pills

Social media posts ostensibly aimed to help women living in states where preexisting laws banning abortion suddenly snapped into effect last Friday.

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