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The Latest Breaking News from Meta

Why TikTok Might Turn Out To Be Meta Platform's 'Formidable Foe'

Meta Platforms Inc.'s (NASDAQ: FB) fourth-quarter disappointment was partly blamed on competition from short-video app TikTok.

Metaverse Land Just Sold For $53,920 (16,000 MANA) In Decentraland

Metaverse Land Just Sold For $53,920 (16,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $53,920, which is 3.53x the current floor price of 4.85 Ethereum (CRYPTO: ETH) ($53,920 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…

Metaverse Land Just Sold For $134,800 (40,000 MANA) In Decentraland

Metaverse Land Just Sold For $134,800 (40,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $134,800, which is 8.82x the current floor price of 4.85 Ethereum (CRYPTO: ETH) ($134,800 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…

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Metaverse Land Just Sold For $15,766 (5 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,766, which is 1.29x the current floor price of 3.87 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Metaverse Land Just Sold For $19,959 (6 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $19,959, which is 1.64x the current floor price of 3.87 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 10 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $34,370, which is 2.82x the current floor price of 3.87 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

The Guardian view on social media’s metaverse: it may remain science fiction

Editorial: The online virtual reality experience that almost every tech giant today wishes to commercially exploit may not catch on

The Guardian - UK

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No Plans to Quit Europe amid Data Spat, Says Facebook’s Meta

No Plans to Quit Europe amid Data Spat, Says Facebook’s Meta

Facebook's parent firm Meta said Monday it has no plans to pull its services from Europe, after raising the possibility amid an ongoing row over transferring European data to the United States. Data is central to the ad business that generates nearly all of the company's billion of dollars in…

Asharq Al-Awsat

7 Of The Best Nasdaq Stocks to Buy On The Dip

7 Of The Best Nasdaq Stocks to Buy On The Dip

The S&P 500 is off to a shaky start to 2022, down 5.5% year-to-date. As bad as things have been for the S&P 500, they have been even worse for the tech-heavy Nasdaq Composite, which is down 9.9% so far in this year.

Michael Hiltzik: Is this the beginning of Facebook's downfall?

If there's a single immutable law in human biology, it's that no one lives forever. The same goes for corporations.

Los Angeles Times

Meta admits it may have to shut down use of Facebook and Instagram in Europe

Meta admits it may have to shut down use of Facebook and Instagram in Europe

"We will likely be unable to offer a number of our most significant products and services, including Facebook and Instagram in Europe"

How Meta Platforms (FB) Made History In An Unexpected Way

How Meta Platforms (FB) Made History In An Unexpected Way

In September 2021, Meta Platforms Inc. (NASDAQ: FB) joined the 1 Trillion Dollar market capitalization club of U.S.-listed companies. Together with Apple Inc.

Cookies: I looked at 50 well-known websites and most are gathering our data illegally

Cookies: I looked at 50 well-known websites and most are gathering our data illegally

The owners of Google and Facebook were both heavily fined for using cookies illegally at the tail end of 2021 by the French data protection authority, Commission Nationale de l’Informatique et des Liberté (CNIL). On the French versions of Google, its sister platform YouTube, and Facebook, users were being asked…

The Conversation

Decentraland Hosts First Metaverse Wedding In The US: Meta-Marriage

Decentraland Hosts First Metaverse Wedding In The US: Meta-Marriage

At least 2,000 guests attended virtual ceremony at Decentraland (CRYPTO: MANA). However, the couple’s bells and whistles big day didn’t go strictly according to plan, meaning that the Metaverse still needs to develop further to host similar ceremonies reliably.

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Chicago Tribune

Editorial: Facebook flops and The New York Times buys a puzzle. What’s going on?

On Thursday, stock in Meta Platforms Inc., formerly known as Facebook, cratered a stunning 26% in a single trading day. And last Monday, The New York Times announced it had purchased a quirky but addictive puzzle named Wordle for a sum in the “low seven figures.”

Asharq Al-Awsat

Facebook Owner Meta Adds Tool to Guard against Harassment in Metaverse

Facebook's parent Meta Platforms said on Friday it is launching a tool for people using its virtual reality (VR) social platforms to maintain personal space boundaries, as concerns have mounted about user safety and sexual harassment in the metaverse, Reuters reported. Its new "personal boundary" tool will make users feel…

The Independent UK

Mother sues Facebook and Snapchat over 11-year-old daughter’s ‘extreme addiction’ before her suicide

Tammy Rodriguez claims social media platforms contained ‘defective design, negligence and unreasonable dangerous features’

The Independent UK

Mother sues Meta and Snap over 11-year-old daughter’s ‘extreme addiction’ before her suicide

Tammy Rodriguez claims social media platforms contained ‘defective design, negligence and unreasonable dangerous features’

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Instagram Reels Vs. TikTok Vs. YouTube Shorts Vs. Snapchat Spotlight: How Social Video Apps Stack Up

The popularity of user-generated, short-form video is increasing with many factors working in its favor. The limited video format highlights a person's creativity as they showcase educational, informative or entertaining content while using filters, editing tools and incorporating sound and music. The end result can often go viral.

The Guardian - US

Meta rivalry with Apple inflamed as Facebook parent company share price plummets

Zuckerberg blames ‘headwinds’ from Apple’s new iOS and changes in privacy for the record drop in value

Metaverse Land Just Sold For $64,873 (23,420 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $64,873, which is 4.83x the current floor price of 4.5467295 Ethereum (CRYPTO: ETH) ($64,873 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…

Virtual Land Just Sold For 6 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $19,211, which is 1.67x the current floor price of 3.89 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 9 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $29,201, which is 2.54x the current floor price of 3.89 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 10 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $29,556, which is 2.57x the current floor price of 3.89 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Los Angeles Times

Michael Hiltzik: A flailing Mark Zuckerberg wants Facebook to pivot to video — again

If the old saw is true about insanity defined as doing the same thing over and over again and expecting a different result, what are we to think about Mark Zuckerberg's latest idea to save his company?

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