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The Latest Breaking News from Meta

Metaverse Land Just Sold For $11,447 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,447, which is 1.79x the current floor price of 1.979 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 $16,091 (5 ETH) In The SandBox

Metaverse Land Just Sold For $16,091 (5 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $16,091, which is 2.52x the current floor price of 1.979 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Weibo Plays With the Big Boys in Numbers, But Investors Still Worry

Weibo Plays With the Big Boys in Numbers, But Investors Still Worry

Key takeaways: Weibo’s revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending The company trails Meta in its ability to monetize users, and is very much in the shadow of local rival WeChat in terms of total user numbers By Ken Lo

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Meta Says it is Considering Steps to Curb Russian Government Misinformation

Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the social media company, which also said it was reviewing additional steps to address misinformation from Russian government pages. "We're constantly reviewing our policies based on…

Asharq Al-Awsat

Meta is testing virtual 'Zuck Bucks' after failed cryptocurrency project

Oh, that digital Prada suit is way too many Zuck Bucks, I think we should head to the Meta Mall for something cheaper.

Chart Wars, Twitter Vs. Meta Platforms: How Has Elon Musk's Role As Shareholder Influenced Stock Price?

Meta Platforms, Inc (NASDAQ: FB) and Twitter, Inc (NYSE: TWTR) were trading flat on Thursday morning, in tandem with the general markets, which were consolidating Wednesday's steep sell-off.

Susie Lau logs into the bizarre realms of Metaverse Fashion Week

On a digital trip to fashion’s new frontier, our columnist finds that the tech — and crucially, the clothes — just don’t compute

Evening Standard

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Meta plans ‘Zuck bucks’ virtual coins for Facebook and Instagram users

Meta plans ‘Zuck bucks’ virtual coins for Facebook and Instagram users

Mark Zuckerberg hopes payment tokens will reduce platforms’ reliance on adverts as popularity wanes

The Guardian - UK

Meta: Russian invasion driving more disinformation online

Meta: Russian invasion driving more disinformation online

A report from Facebook owner Meta finds a big jump this year in disinformation and propaganda linked to Russia's invasion of Ukraine

The Independent UK

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Morning Brief: Top Stories Dominating Financial Media on Thursday, April 7

Reuters Here’s Why HP Shares Are Trading Higher Premarket

Read How Analysts View System1 Post Q4 Results

Read How Analysts View System1 Post Q4 Results

Analysts lauded System1 Inc's (NYSE:SST) Q4 FY21 beat and FY22 guidance. Benchmark analyst Daniel Kurnos noted that shares of System1 closed up 23% on a volume of 32 million shares on April 6 post Q4 beat. Kurnos called System1 "more than a meme" and saw it ready for another year of outperformance in 2022. Kurnos has…

Facebook halts its F8 developer conference this year to focus on Metaverse

Facebook halts its F8 developer conference this year to focus on Metaverse

Meta, the company formerly known as Facebook, on Wednesday, announced their decision of pausing the F8 developer conference in 2022 as it gears up for new initiatives towards metaverse.

Meta removes Facebook accounts over misinformation ahead of Philippines polls

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

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news in one place.

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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.

'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

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news in one place.

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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…

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

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

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

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

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

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…

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