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The Latest Breaking News from Meta

This AI Startup Roped In Big Tech Executives From Google, Meta As Founding Members

LinkedIn (NASDAQ:MSFT) founder Reid Hoffman and DeepMind co-founder Mustafa Suleyman poached artificial intelligence gurus from Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Meta Platforms Inc (NASDAQ:FB) for their AI startup, Inflection, CNBC reports. Inflection' looked to develop AI software products that enabled hassle-free communication between humans and computers. Heinrich Kuttler quit his research engineering manager role at…

Benzinga

Microsoft Security Chief Suggests Mandatory Steps To Secure Metaverse

Microsoft Corp's (NASDAQ:MSFT) new security chief, Charlie Bell, strongly urged to build protection from hackers and criminals in the emerging metaverse. Hackers could make genuine-looking avatars making it hard to resist. Bell warned against the possibilities of an avatar of a teller in a virtual bank lobby seeking information or a CEO avatar…

Benzinga

Virtual Land Just Sold For 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,113, which is 2.02x the current floor price of 2.228 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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New ACCC chair Gina Cass-Gottlieb vows to target price gougers, plays down Murdoch family links

The new ACCC chair says she will target retailers who try and take advantage of floods, war and the pandemic to price gouge consumers. Gina Cass-Gottlieb has also played down her recent close professional relationship with the Murdoch family.

ABC News

Benzinga Bulls And Bears Of The Week: Tesla, Apple, Meta, Disney And A Company Carl Icahn Calls An Example Of 'What's Wrong With Corporate America'

Benzinga has examined the prospects for many investor favorite stocks over the past week.

Benzinga

Mark Zuckerberg Summoned To Appear At Peru Court For Violating User’s Freedom Of Expression

Mejia Seminario argues that Facebook has violated his right to freedom of expression by blocking his account for 30 days.

Zenger

The New 'Return On Character' ETF Doesn't Include Musk Or Zuckerberg: Who Made The Cut?

A new active ETF launched this week with a unique spin on how it picks the companies to include in the fund.

Benzinga

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US, European Union Forge Fresh Data Sharing Pact

The E.U. and U.S. broke the deadlock on cross-border data-transfer pact to relieve tech giants like Meta Platforms Inc (NASDAQ: FB), Bloomberg reports. The U.S. also agreed to provide energy to Europe as the Russian invasion of Ukraine threatened to disrupt the continent’s energy supplies, CNBC reports. This new pact will “enable predictable and trustworthy…

Benzinga

Metaverse Land Just Sold For $25,642 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $25,642, which is 2.49x the current floor price of 3.3 Ethereum (CRYPTO: ETH) ($25,642 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 $26,037 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $26,037, which is 2.53x the current floor price of 3.3 Ethereum (CRYPTO: ETH) ($26,037 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 $15,626 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,626, which is 1.97x the current floor price of 2.54 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

This Plot Of Digital Land Just Sold For $16,407 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $16,407, which is 2.07x the current floor price of 2.54 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 8 WETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $23,439, which is 2.95x the current floor price of 2.54 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Billionaire Investors Marc Andreessen, Peter Thiel Could Leave Meta Board Over Crypto Involvement

Billionaire investors Peter Thiel and Marc Andreessen will reportedly leave the board of Facebook and Instagram parent company Meta Inc. (NASDAQ: FB) due to their involvement with Web3 developments.

Benzinga

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Input

EU says iMessage has to play nice with other messaging apps

Blue bubble privilege could come to an end as soon as this year.

Benzinga

Here's Why UBS Is Bullish On Meta

The major Swiss bank UBS reiterated a Buy on Meta Platforms Inc (NASDAQ:FB) with a price target of $280. The price target implied an upside of 27.5%. It's time to talk about the monetization of the video format Reels, noted analyst Lloyd Walmsley. Walmsley admitted that users' time on platforms like Instagram is likely to increase significantly. As far…

Radio France Internationale

Europe agrees landmark law to rein in Big Tech dominance

Negotiators from the European Parliament and EU member states have agreed on new rules they hope will curb the dominance of Big Tech giants such as Google, Meta, Amazon and Apple.

Benzinga

Decentralized Opportunities: How Cannabis Could Factor Into Web3, The Metaverse

Cannabis operators with connections to the metaverse tell Benzinga that web3 should offer cannabis more opportunities than current online offerings.

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The Independent UK

EU agrees on new digital rules to rein in Big Tech dominance

The European Union set the stage for a stepped-up crackdown on tech companies with an agreement on landmark digital rules to rein in online “gatekeepers” such as Google and Facebook parent Meta

Benzinga

After US, Big Tech Sees More Trouble From EU: Reuters

Strict new rules targeting the U.S. tech giants will likely be effective in October, Reuters reports based on EU antitrust chief. In 2021, Margrethe Vestager proposed a list of dos and don'ts for Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Meta Platforms Inc (NASDAQ:FB), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Google and Microsoft Corp (NASDAQ:MSFT) under the Digital Markets Act. Also Read: US Senate Votes…

Asharq Al-Awsat

Meta Inks Partnership for 3D Ads in Step toward the Metaverse

Meta Platforms Inc will make it easier for brands to run three-dimensional ads on its Facebook and Instagram social media platforms through a new partnership with an ecommerce technology firm. The integration with VNTANA will allow brands to upload the 3D models of their products to Facebook and Instagram and…

Asharq Al-Awsat

EU Negotiators Agree Landmark Law to Curb Big Tech

Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of US big tech giants such as Google, Meta, Amazon and Apple. Meeting in Brussels the lawmakers nailed down a long list of do's and don'ts that will single out…

Benzinga

Facebook Collaborates With E-Commerce Tech Firm to Realize Its Metaverse Ambitions

Meta Platforms Inc (NASDAQ:FB) collaborated with e-commerce technology firm VNTANA to help brands upload the 3D models of their products to the social media platforms and convert them into ads in a hassle-free manner. The move is a stepping stone into advertising in the metaverse, said VNTANA CEO Ashley Crowder. Also Read: Read How…

Benzinga

Metaverse Land Just Sold For $34,190 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $34,190, which is 3.55x the current floor price of 3.15 Ethereum (CRYPTO: ETH) ($34,190 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 $118,350 (45,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $118,350, which is 12.28x the current floor price of 3.15 Ethereum (CRYPTO: ETH) ($118,350 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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