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The Latest Breaking News from Meta

Meta removes Facebook accounts over misinformation ahead of Philippines polls

Meta Platforms Inc on Wednesday suspended a network of over 400 accounts, pages and groups ahead of general elections in the Philippines as the Facebook parent moves to crack down on hate speech and misinformation. The accounts included Facebook Pages and groups linked to Philippines' New People's Army, a banned…

Meta Virtual Money Moves Could Include 'Zuck Bucks'

Meta Virtual Money Moves Could Include 'Zuck Bucks'

Facebook's parent company Meta is exploring the potential of digital money referred to internally as "Zuck Bucks" in a play on the founder's name, the Financial Times reported Wednesday. Meta abandoned its effort to create a global cryptocurrency -- first called Libra but eventually re-branded as Diem -- in the…

Asharq Al-Awsat

Meta removes Facebook accounts to tackle misinformation ahead of Philippines polls

Meta removes Facebook accounts to tackle misinformation ahead of Philippines polls

Meta Platforms Inc on Wednesday suspended a network of over 400 accounts, pages and groups ahead of general elections in the Philippines as the Facebook parent moves to crack down hate speech and misinformation.

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'Zuck Bucks:' Meta Said To Explore Digital Tokens, Creator Coins After Failed Diem Project

Meta Platforms Inc (NASDAQ: FB) is reportedly revisiting its digital asset plans after having failed to launch Diem, a cryptocurrency that it spent years developing.

No, Elon Musk Didn't Just Ask Mark Zuckerberg If He Could Buy Facebook

Elon Musk made headlines this week with the public revealing he was the largest shareholder in Twitter Inc (NYSE: TWTR). The news likely ends there and contrary to what some are sharing, Musk is not thinking of buying another social media company.

What's Going On With Social Media Stocks Today?

Shares of social media stocks, including Meta Platforms Inc (NASDAQ: FB), Pinterest Inc (NYSE: PINS) and Snap Inc (NYSE: SNAP) are trading lower in sympathy with the overall market amid

Metaverse Land Just Sold For $24,233 (10,182 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $24,233, which is 2.48x the current floor price of 3.0095776 Ethereum (CRYPTO: ETH) ($24,233 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 $34,319 In Decentraland

Metaverse Land Just Sold For $34,319 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $34,319, which is 3.51x the current floor price of 3.0095776 Ethereum (CRYPTO: ETH) ($34,319 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 $98,770 (41,500 MANA) In Decentraland

Metaverse Land Just Sold For $98,770 (41,500 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $98,770, which is 10.11x the current floor price of 3.0095776 Ethereum (CRYPTO: ETH) ($98,770 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 3 ETH In The SandBox

Virtual Land Just Sold For 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,264, which is 1.76x the current floor price of 1.98 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 $11,293 (3 ETH) In The SandBox

Metaverse Land Just Sold For $11,293 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,293, which is 1.77x the current floor price of 1.98 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 4 ETH In The SandBox

Virtual Land Just Sold For 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,296, which is 1.77x the current floor price of 1.98 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Google Backed VerSe Commands $5B Valuation After Latest Funding Round: Reuters

Google Backed VerSe Commands $5B Valuation After Latest Funding Round: Reuters

India's VerSe Innovation has raised $805 million in a funding round led by Canada's top pension fund. The funding has put a $5 billion valuation on the Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google-backed parent of short-video app Josh and news aggregator Dailyhunt, Reuters reports. Josh, which has more than 150 million monthly active users, competes in…

What Elon Musk's US$3 billion Twitter deal means for him – and for social media

What Elon Musk's US$3 billion Twitter deal means for him – and for social media

The world’s richest man, Elon Musk, is now Twitter’s largest shareholder after acquiring a 9.2% stake in the social media platform for just under US$3 billion (£2.3 billion). The announcement drove Twitter’s share price up 27%, and it continued to grow in after-hours trading.

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The Independent UK

Instagram ‘systematically ignores’ misogynist abuse of female public figures, report claims

90% of offending accounts remain active after abusive messages reported, research finds

UBS Remains Bullish On This Social Media Giant - Read Why

UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc (NASDAQ:FB) to $300 from $280 and kept a Buy rating on the shares. The price target implies an upside of 29.4%. The impact of the Russia-Ukraine war is more than offset by the company's lower operating expense estimates. Also Read: From 'Facebook' To 'Meta,' 'Facebookers' To…

Rachel Riley shares her direct messages to show how women are abused online

Women in the public eye are not being protected from abuse, new report says

Rachel Riley gives access to her DMs to show how women are abused online

Amber Heard also provided evidence of abuse for the report into Instagram

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The Guardian - US

High-profile women on Instagram face ‘epidemic of misogynist abuse’, study finds

Messages analyzed were to well-known social media users such as Jamie Klingler, Rachel Riley and Bryony Gordon

Amber Heard, others blast Instagram for inaction on abusive DMs

Five high-profile women shared often "revolting" unsolicited DMs for a new study by the Center for Countering Digital Hate.

TransAlta Inks Renewable Power Purchase Agreement With Meta

TransAlta Corp (NYSE:TAC) has entered into a long-term renewable energy purchase agreement with Meta Platforms Inc (NASDAQ:FB) for the offtake of 100% of the generation from its 200 MW Horizon Hill Wind Power Project to be located in Logan County, Oklahoma. Financial terms were not disclosed. Meta will receive both renewable electricity and environmental attributes.…

Metaverse Land Just Sold For $48,758 (18,469 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $48,758, which is 4.87x the current floor price of 2.9 Ethereum (CRYPTO: ETH) ($48,758 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 $11,341 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,341, which is 1.68x the current floor price of 1.95 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 $11,894 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,894, which is 1.76x the current floor price of 1.95 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 $14,522 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $14,522, which is 2.15x the current floor price of 1.95 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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