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The Latest Breaking News from Meta

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

Evening Standard

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 Guardian - 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

The Independent UK

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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…

Benzinga

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.

Dynamite News

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…

Bangkok Post

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Meta Virtual Money Moves Could Include 'Zuck Bucks'

Facebook's parent company Meta is exploring the potential of digital money referred to internally as "Zuck Bucks" in a play on the founder's name, the Financial Times reported Wednesday. Meta abandoned its effort to create a global cryptocurrency -- first called Libra but eventually re-branded as Diem -- in the…

Asharq Al-Awsat

Meta removes Facebook accounts to tackle misinformation ahead of Philippines polls

Reuters

'Zuck Bucks:' Meta Said To Explore Digital Tokens, Creator Coins After Failed Diem Project

Meta Platforms Inc (NASDAQ: FB) is reportedly revisiting its digital asset plans after having failed to launch Diem, a cryptocurrency that it spent years developing.

Benzinga

No, Elon Musk Didn't Just Ask Mark Zuckerberg If He Could Buy Facebook

Elon Musk made headlines this week with the public revealing he was the largest shareholder in Twitter Inc (NYSE: TWTR). The news likely ends there and contrary to what some are sharing, Musk is not thinking of buying another social media company.

Benzinga

What's Going On With Social Media Stocks Today?

Shares of social media stocks, including Meta Platforms Inc (NASDAQ: FB), Pinterest Inc (NYSE: PINS) and Snap Inc (NYSE: SNAP) are trading lower in sympathy with the overall market amid

Benzinga

Metaverse Land Just Sold For $24,233 (10,182 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $24,233, which is 2.48x the current floor price of 3.0095776 Ethereum (CRYPTO: ETH) ($24,233 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 $34,319 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $34,319, which is 3.51x the current floor price of 3.0095776 Ethereum (CRYPTO: ETH) ($34,319 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

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Benzinga

Metaverse Land Just Sold For $98,770 (41,500 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $98,770, which is 10.11x the current floor price of 3.0095776 Ethereum (CRYPTO: ETH) ($98,770 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

Virtual Land Just Sold For 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,264, which is 1.76x the current floor price of 1.98 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 $11,293 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,293, which is 1.77x the current floor price of 1.98 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 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,296, which is 1.77x the current floor price of 1.98 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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Benzinga

Google Backed VerSe Commands $5B Valuation After Latest Funding Round: Reuters

India's VerSe Innovation has raised $805 million in a funding round led by Canada's top pension fund. The funding has put a $5 billion valuation on the Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google-backed parent of short-video app Josh and news aggregator Dailyhunt, Reuters reports. Josh, which has more than 150 million monthly active users, competes in…

The Conversation

What Elon Musk's US$3 billion Twitter deal means for him – and for social media

The world’s richest man, Elon Musk, is now Twitter’s largest shareholder after acquiring a 9.2% stake in the social media platform for just under US$3 billion (£2.3 billion). The announcement drove Twitter’s share price up 27%, and it continued to grow in after-hours trading.

The Independent UK

Instagram ‘systematically ignores’ misogynist abuse of female public figures, report claims

90% of offending accounts remain active after abusive messages reported, research finds

Benzinga

UBS Remains Bullish On This Social Media Giant - Read Why

UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc (NASDAQ:FB) to $300 from $280 and kept a Buy rating on the shares. The price target implies an upside of 29.4%. The impact of the Russia-Ukraine war is more than offset by the company's lower operating expense estimates. Also Read: From 'Facebook' To 'Meta,' 'Facebookers' To…

Chronicle Live

Rachel Riley shares her direct messages to show how women are abused online

Women in the public eye are not being protected from abuse, new report says

Wales Online

Rachel Riley gives access to her DMs to show how women are abused online

Amber Heard also provided evidence of abuse for the report into Instagram

The Guardian - US

High-profile women on Instagram face ‘epidemic of misogynist abuse’, study finds

Messages analyzed were to well-known social media users such as Jamie Klingler, Rachel Riley and Bryony Gordon

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