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The Latest Breaking News from Meta

Meta Platforms Whale Trades For October 17

Someone with a lot of money to spend has taken a bearish stance on Meta Platforms (NASDAQ:META). 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

Will the economic slowdown take the wind out of the US tech industry’s sails?

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next week

The Guardian - US

Woman 'can't sleep' after online life stolen by cyber hackers

Sian Roberts said she relies on her Facebook and Instagram account for her work

Liverpool Echo

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Companies are increasingly tracking eye movements — but is it ethical?

When Facebook reinvented itself into Meta in October 2021, it was widely reported that Meta would be focusing on virtual reality (VR) by being at the forefront of the metaverse.

The Conversation

Apple VR headset: price, release date, and specs

With the release of Meta's Quest Pro VR headset, rumors about Apple’s rivaling VR/AR headset are heating up.

Inverse

Lawsuit ‘inadvertently’ names Nick Clegg and other Meta execs as taking bribes in OnlyFans scheme

Lawsuit accuses Meta of sinking rivals to OnlyFans

The Independent UK

Molly Russell coroner calls for review of children’s social media access

Andrew Walker’s report says government should consider separate platforms for adults and children

The Guardian - UK

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Meta Working to Speed Up Metaverse, but Success Far from Certain

A year after rebranding itself from Facebook into Meta, the social network titan is striving to make the metaverse a routine part of daily life, offering users new features and promoting new virtual reality gear. But analysts say the company has toned down the hype a bit as it struggles…

Asharq Al-Awsat

Meta calls FTC suit to block VR fitness deal ‘ill-conceived’

Meta Platforms Inc. urged a judge to reject the U.S. Federal Trade Commission attempt to block the company’s acquisition of virtual reality app Within Unlimited, saying the agency’s claims about competition in the area are based on “pure speculation.”

Tribune News Service

Turkey: new ‘disinformation’ law could jail journalists for three years

Press freedom organisations warn bill will ‘subdue public debate’ in run-up to next year’s general elections

The Guardian - UK

Meta hits back in fight with FTC over VR company acquisition

Facebook parent Meta struck back in its legal battle with federal regulators over its proposed acquisition of virtual-reality company Within Unlimited and its fitness app Supernatural

The Independent UK

Why Meta is making a big deal out of new VR avatars with legs

Meta is updating its VR avatars with a suite of new features, but the most important (somehow) is legs.

Inverse

Stephen Colbert: ‘By the grace of God, sometimes bad things happen to Alex Jones’

Late-night hosts discuss the Alex Jones verdict and evidence Donald Trump has even more classified documents

The Guardian - US

Meta Quest 3 — price, specs and latest news

The Meta Quest 3 is out right now — starting at $499. Here's everything you need to know.

Tom’s Guide

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Newslaundry

Explained: What’s the Wire vs Meta fight all about?

This week, the Wire published a damning report about the content moderation policies of Meta, the social media behemoth that owns Facebook, WhatsApp and Instagram. Meta, which has misled about how it functions and moderates content before, replied saying the news report was misleading at best and fabricated at worst.…

USA Today Sports Media Group

UFC announces Meta partnership for live and on-demand MMA events in VR on Fight Pass

It appears the speculation about the reason for Mark Zuckerberg's appearance at UFC Fight Night 211 can end.

Insider UK

Smart Things Accelerator Centre makes new appointments

Scotland's Internet of Things organisation hires a former Scottish Enterprise managing director

WEKU

Eyeballs and AI power the research into how falsehoods travel online

Getting a sense of falsehoods online might sound straightforward, but it isn't. Researchers use state-of-the-art algorithms but it also comes down to lots of scrolling and reading.

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Axios

First big move to a virtual workplace

Meta has just introduced the most advanced, widely available virtual reality glasses ever, and Microsoft will provide the platform for their use in your home office.

Axios

Joe Rogan, Whole Foods, Chick-fil-A: Digital ad data reveal parties targeting two Americas

Axios analyzed more than 93,000 Facebook and Instagram ad targeting inputs.

Inverse

Is $1,500 really too much for the Meta Quest Pro? Maybe not!

The Quest Pro aims to replace your laptop, monitors, and game console for $1,500. That could actually be a deal if the experience works well.

The Guardian - US

Whistleblower Frances Haugen on the alliance to hold social media accountable: ‘We need to act now’

The former Facebook manager joins the Council for Responsible Social Media, a new coalition created to press big tech to change

Evening Standard

What does the £1,500 Meta Quest Pro say about the future of VR?

The price shows Meta is serious about VR, at least

Axios

Meta's new VR headset doesn't solve old problems

It's easier to talk about the promise of the future than the challenges of the present.

The Independent UK

Facebook owner Meta unveils $1,500 VR headset: Will it sell?

Facebook parent Meta has unveiled a high-end virtual reality headset with the hope people will soon be using it to work in the virtual reality of the still-elusive place called the metaverse

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