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The Latest Breaking News from Meta

Facebook Parent Meta Pauses Dual Camera Smartwatch Project

Facebook owner Meta Platforms Inc's (NASDAQ:FB) Reality Labs division has suspended its work on the smartwatch codenamed 'Milan' after two years to focus on other wrist-worn devices, Bloomberg reports. The smartwatch, which was a part of its metaverse ambitions, was likely to include activity tracking, music playback, and messaging. A prototype of the device…

Benzinga

Zuckerberg Staying at Meta Helm for Years 'Makes Sense'

Mark Zuckerberg's presence at the helm of Facebook parent Meta for "many, many years" would be perfectly natural, his global affairs director has told AFP, even as the founders of many tech companies hand off to fresh blood. Succession at the mega company has been in the headlines in recent…

Asharq Al-Awsat

Musk’s Twitter bid leans on financier linked to Russian tycoon

Elon Musk’s bid for Twitter Inc., which has been upended by the billionaire’s threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays. There were some notable exceptions.

Tribune News Service

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Congress’s big tech crackdown quickens with rare show of unity

A bipartisan group of lawmakers defended a bill to rein in big technology companies, signaling that momentum is building for the first major piece of legislation to curb the power of giant online platforms.

Tribune News Service

Metaverse Land Just Sold For $49,670 (50,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $49,670, which is 12.09x the current floor price of 2.286 Ethereum (CRYPTO: ETH) ($49,670 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 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,603, which is 1.21x the current floor price of 1.65 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 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,774, which is 1.61x the current floor price of 1.65 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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What To Watch On Meta Platforms After Company Launches Roblox-Like Platform

Meta Platforms Inc (NASDAQ: FB) was trading more than 2% higher on Wednesday, breaking up from a triple inside bar on the daily chart.

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:FB). 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

Microsoft Cuts Russia Operations Due to Ukraine Invasion, Says Bloomberg News

Microsoft Corp is substantially cutting its business in Russia in response to Moscow's invasion of Ukraine, Bloomberg News reported on Wednesday. Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia. The company did not immediately respond to a Reuters request for comment.…

Asharq Al-Awsat

Why Apple CEO Tim Cook 'Deeply Fears' Withering Away Of Privacy

Apple Inc (NASDAQ: AAPL) CEO Tim Cook touched on privacy and its gradual erosion in a recent interview.

Benzinga

Family sues Meta, blaming ‘addictive’ Instagram for daughter’s eating disorder

Lawyers for Alexis Spence claim her ‘addictive’ use of Instagram caused her to suffer self-harm and thoughts of suicide

The Independent UK

Metaverse Land Just Sold For $8,205 (8,420 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $8,205, which is 2.01x the current floor price of 2.29 Ethereum (CRYPTO: ETH) ($8,205 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

This Plot Of Digital Land Just Sold For $5,310 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,310, which is 1.99x the current floor price of 1.5 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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news in one place.

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Benzinga

Meta Promotes Veteran Officer To Newly Formed Position Of CISO

Facebook parent Meta Platforms, Inc (NASDAQ:FB) named a VP to the newly created position of the chief information security officer, Reuters reports. Guy Rosen confirmed the appointment via a tweet. CEO Mark Zuckerberg reportedly asked Rosen to assume the job citing it as "another step to elevate this security work in our DNA - and…

Input

Apple’s AR headset was hiding in plain sight at WWDC 2022

At WWDC 2022, there were signs of Apple's mixed reality headset future everywhere in iOS 16, iPadOS 16, and macOS Ventura.

Benzinga

Virtual Land Just Sold For 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,563, which is 1.88x the current floor price of 1.597 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

The Conversation

Why are so many big tech whistleblowers women? Here is what the research shows

A number of high-profile whistleblowers in the technology industry have stepped into the spotlight in the past few years. For the most part, they have been revealing corporate practices that thwart the public interest: Frances Haugen exposed personal data exploitation at Meta, Timnit Gebru and Rebecca Rivers challenged Google on…

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Zenger

Pay Day: Worldline Assists Merchants Eager To Establish A Presence In The Metaverse

The payment-services provider gives businesses the necessary tools to function in the digital universe.

Zenger

Fancurve To Launch Virtual Jerseys For Real Betis Soccer Club

Billing itself as the locker room for the modern sports collector, Fancurve offers an innovative way to support the Spanish team.

The Guardian - UK

Sheryl Sandberg’s influence reaches all of us. But it’s a troubling legacy

From epic data mining to shocking failures of content moderation, Meta’s COO passes on a vast clean-up job

Benzinga

Facebook Whistleblower Says Company Can't Recover Until Zuckerberg Steps Down

Data scientist and Facebook, Meta Platforms Inc (NASDAQ: FB) whistleblower Frances Haugen has said that CEO Mark Zuckerberg's decision to doubled down on the Metaverse after she raised concerns about the company's capacity to moderate content effectiv

Benzinga

Will Meta Platforms, Amazon, Apple, Netflix Or Google Stock Grow The Most By 2023?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. What Are FAANG Stocks? The term FAANG stocks refers to five of the most popular tech stocks traded on the NASDAQ.

Tribune News Service

Commentary: Sheryl Sandberg’s ‘Lean In’ legacy is underrated

Sheryl Sandberg’s departure from Meta marks the end of an era, not only for the company previously known as Facebook but also for a kind of feminism that has become somewhat unfashionable.

Benzinga

Metaverse Land Just Sold For $19,525 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $19,525, which is 6.21x the current floor price of 1.79 Ethereum (CRYPTO: ETH) ($19,525 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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