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The Latest Breaking News from Meta

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.

The Conversation

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

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

The Independent UK

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…

Benzinga

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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

Chronicle Live

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

Wales Online

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

The Guardian - US

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.

Input

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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.…

Benzinga

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…

Benzinga

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.

Benzinga

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.

Benzinga

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.

Benzinga

12 Stocks That Moved From Tuesday's CNBC's 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Benzinga

JPMorgan Remains Bullish On This Chipmaker Despite Slashing Price Target By 15% - Read Why

JPMorgan analyst Samik Chatterjee lowered the price target on Qualcomm Inc (NASDAQ:QCOM) to $205 from $240 (39.5% upside) and kept an Overweight rating on the shares. The analyst moderated earnings estimates for Qualcomm, primarily led by a change to his QTL revenue estimates and slight moderation in both QCT revenue and margins. These changes' net…

Benzinga

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Benzinga

Check Out What Whales Are Doing With Meta Platforms

Someone with a lot of money to spend has taken a bullish 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.

Dynamite News

Russia-Ukraine war: Facebook, Instagram unblock hashtags to Bucha killings

Meta-owned Facebook app and Instagram on Monday unblocked hashtags for Bucha killings, outside Kyiv in the ongoing Russia-Ukraine war.

Benzinga

Fresh Twitter Backer Elon Musk Says Rival Facebook Gives Him 'The Willies'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk and nascent Twitter Inc (NASDAQ: TWTR) shareholder has said Meta Platforms Inc’s (NASDAQ:&nbs

Reuters

Facebook owner Meta briefly blocks hashtags tied to Bucha killings

Facebook owner Meta Platforms briefly restricted hashtags related to civilian deaths in northern Ukraine, where bodies of people shot at close range were found in a town seized back from Russian forces, a company spokesman confirmed on Monday.

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Benzinga

Trump's Social Media Venture Abruptly Loses Key Officials; Sparks Concerns

Tech chief Josh Adams and product development chief Billy Boozer have resigned from former President Donald Trump's 'Truth Social' in less than a year, Reuters reports. Sources said, "If Josh has left… all bets are off," calling him the "brains" behind Truth Social's technology. Boozer also had a significant leadership role…

Benzinga

Metaverse Land Just Sold For $10,299 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $10,299, which is 1.54x 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.

Benzinga

Metaverse Land Just Sold For $11,564 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,564, which is 1.73x 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.

Benzinga

This Plot Of Digital Land Just Sold For $18,115 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $18,115, which is 2.70x 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.

Benzinga

Here's Why Facebook, Pinterest And Snap Shares Are Rising Today

Shares of social media companies including Meta Platforms, Inc. (NASDAQ: FB), Pinterest, Inc. (NYSE: PINS) and Snap Inc. (NYSE: SNAP) ar

Axios

What worries Big Tech about Europe's new digital rules

Big Tech worries that compliance might mess with what made their products popular.

The Conversation

The metaverse has been heavily hyped – but it could enable entirely new ways of screen production

Screen production was hit hard by the pandemic, with delayed releases and interrupted or cancelled production. One day we might even get to see Mission Impossible 7.

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