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The Latest Breaking News from Meta

Crypto trading: politicians who say it should be treated like gambling are completely wrong

Cryptocurrency trading should be regulated in the same way as gambling, according to the UK parliamentary select committee in charge of scrutinising finance. The committee published a report arguing that this was necessary because digital assets such as bitcoin have “no intrinsic value, huge price volatility and no discernible social…

The Conversation

Facebook To Launch A New Platform That Competes With Twitter

Project Barcelona Is expected to mull in new users that are hostile toward's Musk's take-over of Twitter

Zenger

Meta looks to Magic Leap for a more immersive metaverse

Licensing Magic Leap’s technology could give Meta a chance against the might of Apple

Evening Standard

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Facebook owner Meta sells Giphy at a loss of more than $260m

Stock image service Shutterstock buys gif search engine after Meta’s acquisition blocked by regulators

The Guardian - UK

Motion sickness is a very un-Apple problem. Can the Apple Reality Pro VR headset fix it?

If Apple can solve the VR motion sickness problem, it’s one step closer to Reality Pro VR being a hit.

iMore

WhatsApp rolls out new message feature update for all phones

WhatsApp users will now have up to 15 minutes to edit their messages

Manchester Evening News

Meta's ChatGPT rival could make language barriers a thing of the past

Meta has put its AI project to work dismantling language barriers... and that's very exciting.

TechRadar

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TechScape: Warnings of a ‘splinternet’ were greatly exaggerated – until now

In this week’s newsletter: Facebook has been hit with a €1.2bn fine by EU regulators, and the cracks in the fault lines of data regulations are showing. Could that be a good thing?

The Guardian - UK

Car seats and baby formula are regulated. Is social media next?

US Surgeon General warns there is not enough evidence to show that social media is safe for young people — and calls on tech companies, parents and caregivers to take ‘immediate action to protect kids now’

The Independent UK

WhatsApp to allow users to edit messages but there's a time limit

People have been calling for the rollout of the new feature for some time

Irish Mirror

Commentary: Laid off from Silicon Valley? Try public service

The last few months have not been good for tech workers. Groupon laid off 500 employees, Spotify axed 600, Yahoo nixed 1,600, Paypal cut 2,000, Salesforce let go of 7,000, Microsoft fired 10,000, and Alphabet — Google’s parent company — parted ways with 12,000. Meta, the company behind Facebook, Instagram,…

Tribune News Service

The Apple VR headset scares Meta — it's scrambling to get this new feature to stay ahead (report)

The long-awaited Apple VR headset is reportedly poised to be revealed at WWDC 2023, and Meta is allegedly scrambling behind the scenes to get ahead of the competition.

Laptop

WhatsApp now lets you edit your messaging nightmares – here's how to do it

TechRadar

Q&A: Is Meta data-transfer fine enough to allay privacy concerns?

Estelle Masse, senior policy analyst at Access Now, speaks to Al Jazeera about record penalty imposed on tech giant.

Al Jazeera

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The Guardian - UK

WhatsApp to allow users to edit messages … but only for 15 minutes

Messaging app’s new feature will enable altering of messages after sending

Android Central

WhatsApp gains the ability to edit sent messages across chats

WhatsApp constantly evolves to catch up and stay relevant with other messaging services. The new ability is taking things toward it.

Fortune

Top analyst argues A.I. has spawned a 'Game of Thrones'–style battle for what is a $800 billion opportunity over the next decade

Wedbush's Dan Ives believes A.I. is the "most transformation theme" he has seen in 22 years of covering tech stocks.

Fortune

Is Meta history in Europe?

There are only four options for how Meta's future in Europe could play out.

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Android Central

It wasn't just you; Instagram was down on Sunday for a couple of hours

Meta-owned social media app just went for a break on Sunday evening for many users across regions.

Barchart

Markets Today: Stocks Mixed as Debt Ceiling Negotiations Continue

Morning Markets U.S. stock indexes this morning are mixed. The S&P 500 Index ( $SPX ) ( SPY ) is up +0.10%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is down -0.27%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.41%....

iMore

Meta breached your privacy for the sake of adverts — and has been fined $1.3bn as a result

Meta was sending data where it shouldn't, landing it in hot water – and now it has to pay the very, very high price.

Tribune News Service

Meta fined record amount in EU over US data transfers

Facebook owner Meta Platforms Inc. was hit by a record 1.2 billion euros ($1.3 billion) European Union privacy fine and given a deadline to stop shipping users’ data to the US after regulators said it failed to protect personal information from the American security services.

The New Daily

EU privacy regulator hits Meta with record $2 billion fine for data transfers

Meta has been hit with a record 1.2 billion euro fine by its lead European Union privacy regulator over its handling of user information.

Barchart

Markets Today: Stocks Slightly Higher as Debt Ceiling Negotiations Continue

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.04%. U.S. stock index futures this morning are slightly higher. M&A activity today is lifting the overall market after Chevron agreed to buy PDC Energy for...

Laptop

Is Instagram’s new text-based Twitter-like the social media sanctuary users are looking for?

Twitter, a once unflappable landmark on the internet, appears to be in choppy waters as of late. But is a text-based Instagram offering the social media sanctuary troubled tweeters are looking for?

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