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The Latest Breaking News from Meta

Here's How RBC Capital Viewed Meta

RBC Capital analyst Brad Erickson reiterated Outperform on Meta Platforms Inc (NASDAQ:FB), but lowered the price target from $245 to $240 (11.3% upside). Another round of SMB ad agency channel checks raised the conviction that FB will likely see another rocky quarter, prompting lower estimates and PT to $240. The beneficiaries from FB erosion…

Where Meta Platforms Stands With Analysts

Where Meta Platforms Stands With Analysts

Meta Platforms (NASDAQ:FB) has observed the following analyst ratings within the last quarter:

Stock Wars: Twitter Vs. Meta Platforms

Stock Wars: Twitter Vs. Meta Platforms

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

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Better Buy for 2022: Twitter vs. Facebook

In this article I will analyze and compare Twitter (TWTR) and Meta Platforms (FB) to determine which social media stock is currently a better buy.

Wildlife trafficking thrives on Facebook despite pledge to fight illegal trade

Pygmy marmosets, tiger cubs and African grey parrots among endangered species for sale, investigation by Avaaz reveals

The Guardian - US

Former Facebook Product Manager Warns Of Potential Perils Of Meta-Sponsored Metaverse

A former employee of Meta Platforms Inc (NASDAQ: FB) says the company's metaverse may not be able to ensure a safe environment and will come with all the ill effects associated with the sponsor's flagship Facebook social media platform.

Netflix subscribers in Russia launch class action for loss of service

Users sue after firm halted streaming and stopped developing Russian-made shows following invasion of Ukraine

The Guardian - UK

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Facebook Parent Will Take A 47.5% Cut For Virtual Sales In Metaverse: Report

Facebook Parent Will Take A 47.5% Cut For Virtual Sales In Metaverse: Report

Mark Zuckerberg-led Meta (NASDAQ: FB) will reportedly charge creators in its metaverse a 47.5% fee for all sales.

Grab These 5 Large-Cap Stocks Before They Jump 40%, According to Wall Street

Grab These 5 Large-Cap Stocks Before They Jump 40%, According to Wall Street

As the stock market is expected to remain highly volatile in the coming months, large-cap stocks should be looked at for their ability to dodge market fluctuations and deliver steady returns. Analysts expect fundamentally-sound large-cap stocks Meta (FB), Alibaba Group (BABA), AstraZeneca (AZN), Applied Materials (AMAT), and Salesforce.com (CRM) to…

This Plot Of Digital Land Just Sold For $10,619 In ETH In The SandBox

This Plot Of Digital Land Just Sold For $10,619 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $10,619, which is 1.95x the current floor price of 1.797 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $12,096 In ETH In The SandBox

This Plot Of Digital Land Just Sold For $12,096 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $12,096, which is 2.22x the current floor price of 1.797 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Here's How Meta Looks To Monetize Its Metaverse

Here's How Meta Looks To Monetize Its Metaverse

Facebook parent Meta Platforms Inc (NASDAQ:FB) has begun to test tools for selling digital assets and experiences within its virtual reality platform Horizon Worlds. The move marks a crucial part of its plan for creating a metaverse. Also Read: Read How Facebook's Metaverse Ambitions Are Shaping Up In Mark Zuckerberg's Words The tools will be…

Meta came after small companies like Dispo to back it up in antitrust case

Meta came after small companies like Dispo to back it up in antitrust case

In seeking to prove it isn't a monopoly, Meta has pulled out some of its best bullying techniques yet.

Meta is adding a way for creators to sell you stuff in Horizon Worlds

Meta is adding a way for creators to sell you stuff in Horizon Worlds

Meta is adding monetization tools to Horizon Worlds, and planning on taking its early “metaverse” concept to consoles and smartphones.

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The Independent UK

Mark Zuckerberg’s security and travel cost Meta nearly $27m in 2021

SEC filings for Meta show that the Facebook founder’s security costs jumped by $1.6m between 2020 and 2021

The 11 best Meta Quest 2 accessories

These must-have extras will help you get the most out of your virtual reality experience.

Asharq Al-Awsat

Meta Tests Sale of Virtual Goods in Metaverse

Meta, the parent company of Facebook and Instagram, will give content creators the opportunity to sell virtual items to users in Horizon Worlds, its main platform in the metaverse, the company said Monday.

Meta Selects Qualcomm Chips For Ray-Ban Smart Glasses

Meta Platforms Inc (NASDAQ:FB) looked forward to an alternative chip from Qualcomm Inc (NASDAQ:QCOM) for the second model of the company's Ray-Ban smart glasses, the Information reports. Meta targeted far greater control over its products' features, size, and battery life to compete with Apple by building its own power-efficient AR and VR chips. Also…

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Tourism banking on digital realm

The Covid outbreak has been a catalyst for disrupting the tourism and digital landscapes, hastened when social media giant Meta (formerly Facebook) announced a rebranding towards the metaverse last year.

Blocked: YouTube Terminates Russia's House Of Parliament Channel

Alphabet Inc's (NASDAQ: GOOGL) YouTube has terminated the platform's state-operated Russian channel Duma TV amid the ongoing war in Ukraine, citing a violation of terms and services.

The Guardian - UK

The rise of TikTok: why Facebook is worried about the booming social app

Chinese-owned video platform is set to overtake the advertising scale of Twitter and Snapchat combined

Meta's plans for custom chips are reportedly off to a rocky start

The goal was to create something like Apple's M1 chip for AR and VR devices, but reports suggest Meta is delaying its custom silicon for now.

Metaverse Land Just Sold For $51,959 (22,300 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $51,959, which is 5.13x the current floor price of 3.1204725 Ethereum (CRYPTO: ETH) ($51,959 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…

This Plot Of Digital Land Just Sold For $12,666 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $12,666, which is 2.01x the current floor price of 1.94 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: California's landmark corporate diversity law was overturned. What happens next?

Critics of the movement to make corporate boards more diverse by adding women and ethnic minorities to what used to be a white, male sandbox may take it as vindication that a California judge recently overturned as unconstitutional the 2020 state law mandating board diversity.

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