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The Latest Breaking News from Meta

Elon Musk could roll back social media moderation – just as we're learning how it can stop misinformation

The US$44 billion (£36 billion) purchase of Twitter by “free speech absolutist” Elon Musk has many people worried. The concern is the site will start moderating content less and spreading misinformation more, especially after his announcement that he would reverse the former US president Donald Trump’s ban.

The Conversation

Morning Digest | Nobody should cross ‘Lakshman Rekha’, says Law Minister after SC freezes sedition law; PM Modi to address second global COVID Summit today, and more

A select list of stories to read before you start your day

The Hindu

Metaverse Land Just Sold For $19,629 (23,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $19,629, which is 5.99x the current floor price of 1.51790221 Ethereum (CRYPTO: ETH) ($19,629 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

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read the most diverse news in one place.

Virtual Land Just Sold For 2 WETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,026, which is 1.84x the current floor price of 1.268 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 $4,368 (2 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,368, which is 1.58x the current floor price of 1.268 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 $4,696 (2 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,696, which is 1.70x the current floor price of 1.268 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Norwegian Central Bank Substantially Reduces Stakes In Alibaba And This Chipmaker: Here's What Norges Bought Instead

Amid the ongoing tech rout, Norges Bank made some cosmetic moves on its tech investments, barring a few liquidations and stake builds.

Benzinga

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Here's Why Meta And AMD Collaborated

Facebook parent Meta Platforms Inc (NASDAQ:FB) and chipmaker Advanced Micro Devices, Inc (NASDAQ:AMD) collaborated on a mobile internet infrastructure program. The partnership would decrease base station costs to make broadband more accessible worldwide. AMD's radio chip, Xilinx Zynq UltraScale RFSoC, will be used in the Evenstar radio units. Also Read: Intel Fires Up Rivalry With Nvidia, TSMC…

Benzinga

Whatsapp emoji reactions: how to react to messages

Whatsapp is now letting users react to messages with emojis, like users can do already on other Meta-owned social media platforms, Facebook and Instagram.

Evening Standard

Russian-backed separatist regions of east Ukraine block Facebook, Instagram

The Russian-backed Donetsk People's Republic (DNR) and Luhansk People's Republic (LNR) in eastern Ukraine said on Wednesday they had blocked access to Facebook and Instagram, aligning themselves with Russia's policy on the U.S.-based social networks.

Reuters

Russian-Backed Separatist Region of East Ukraine Blocks Facebook, Instagram

The Russian-backed self-proclaimed Donetsk People's Republic (DPR) in eastern Ukraine said on Wednesday it had blocked access to Facebook and Instagram, aligning itself with Russia's policy on the US-based social networks. Moscow recognized the DPR and a second region of eastern Ukraine - the Luhansk People's Republic - as independent…

Asharq Al-Awsat

Facebook sued in Kenya over work conditions for moderators

Attorneys for a man who once worked as a content moderator for Facebook have filed a lawsuit accusing the company of exploitative and unsafe working conditions

The Independent UK

Check Out What Whales Are Doing With Meta Platforms

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

Illegal donkey-skin trade thriving on social networks, report reveals

About 4.8 million animals are killed each year largely driven by Chinese demand for traditional medicine, says charity

The Guardian - UK

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France 24

Meta Platforms opens first retail store in US

Facebook owner Meta Platforms has opened its first physical retail store in Burlingame, California. It's located at the main campus of Reality Labs, the company's unit that produces hardware like virtual reality headsets or smart glasses. Meta has staked its future business on the idea of the metaverse, an immersive…

The Conversation

Stuff-up or conspiracy? Whistleblowers claim Facebook deliberately let important non-news pages go down in news blackout

On Friday, the Wall Street Journal published information from Facebook whistleblowers, alleging Facebook (which is owned by Meta) deliberately caused havoc in Australia last year to influence the News Media Bargaining Code before it was passed as law.

Input

Instagram announces NFT integration test just as the market flops

Both Ethereum and Bitcoin values are down nearly 20 percent in the last week.

Bangkok Post

The Tech Industry's Epic Two-Year Run Sputters

The technology industry, which powered the U.S. economy during the pandemic and grew at tremendous scale during a decade of ultralow interest rates, is confronting one of the most punishing stretches in years.

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news in one place.

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Benzinga

This Plot Of Digital Land Just Sold For $4,641 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,641, which is 1.62x the current floor price of 1.237 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 $5,221 (2 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,221, which is 1.82x the current floor price of 1.237 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 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $8,122, which is 2.83x the current floor price of 1.237 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Asharq Al-Awsat

Meta Opens First Physical Store

Facebook parent Meta has opened its first physical store - in Burlingame, California - to showcase its hardware products like virtual and augmented reality goggles and glasses. The store, which is open to the public as of Monday, is made for people who want to test out products like Ray-Ban…

Benzinga

Biting Back: Will FAANG Favorites Recapture their Form on Wall Street in Q3 2022?

Despite having an extraordinary track record on Wall Street, 2022 has been a testing year for FAANG stocks. Having taken a battering from tech stock sell-offs in the wake of record-breaking inflation and supply chain issues arising from the Covid-19 pandemic, leading growth stocks have struggled to recapture the form…

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 9

CNBC Ford Motor Selling 8M Shares Of Rivian Automotive

Benzinga

Benzinga Bulls And Bears Of The Week: Disney, Apple, NVIDIA, Tesla And Why Meta Is Blaming Apple For User Loss

Benzinga has examined the prospects for many investor favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

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