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The Latest Breaking News from 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…

Benzinga

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.

Radio France Internationale

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.

Benzinga

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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

The Independent UK

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…

Benzinga

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…

Asharq Al-Awsat

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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…

Benzinga

Virtual Land Just Sold For 6 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $19,397, which is 2.46x 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

Metaverse Land Just Sold For $22,501 In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $22,501, which is 2.85x 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

Jim Cramer Thinks 'The Bear Market Is Finished': Top Picks Include Nvidia And These 2 FAANGs

Many of the mega-cap technology names have snapped back off the lows since entering correction territory. Jim Cramer on Thursday provided an interpretation of the recent strength in the tech-heavy Nasdaq. "I look at the Nasdaq and I think maybe the bear market is finished," Cramer said on CNBC's "Squawk On The…

Benzinga

Meta Platforms Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 30 strange trades.

Benzinga

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Benzinga

Facebook Advertisers See Redemption Post Apple's Privacy Changes

The creator of Da Vinci Eye's drawing app, Samuel Gherman, had to cut his Meta Platforms Inc (NASDAQ:FB) Facebook ad spending targeting Apple Inc (NASDAQ:AAPL) iPhone users, the Information reports. Gherman cut the ad spend by about 90% to less than $100 per day beginning May 2021. The cost of attracting a single new Da…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 24

CNBC

The Guardian - UK

Sites reported record 29.3m child abuse images in 2021

Rise of 35% on previous year may represent improvement on the part of platforms, says nonprofit centre

Benzinga

Meta Files Trademarks For Crypto Tokens, Trading, Wallets And Blockchain Software

Meta Platforms Inc (NASDAQ: FB) has filed eight trademark applications for its logo on several applications in the digital asset space.

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Al Jazeera

Russian regulator blocks Google News over “inauthentic” war info

Ban comes after Google said it would not help platforms sell ads alongside content that condones conflict in Ukraine.

ABC News

Labor says the Coalition has a plan to expand the cashless debit card to age pensioners. Is there any evidence?

From humble beginnings, a campaign driven by Labor MPs has grown, implying the Coalition has a plan to expand the cashless debit card to age pensioners. Is there any evidence, or is it a scare campaign?

Benzinga

Metaverse Land Just Sold For $50,400 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $50,400, which is 5.03x the current floor price of 3.3 Ethereum (CRYPTO: ETH) ($50,400 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 $63,000 In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $63,000, which is 6.29x the current floor price of 3.3 Ethereum (CRYPTO: ETH) ($63,000 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 $17,859 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $17,859, which is 2.31x the current floor price of 2.55 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 5 WETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,135, which is 1.96x the current floor price of 2.55 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Metaverse Land Just Sold For $26,889 (9 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $26,889, which is 3.48x the current floor price of 2.55 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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