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The Latest Breaking News from Meta

Facebook Agrees to Safeguards in Ad Discrimination Case

Facebook owner Meta has agreed to change its ad targeting technology and pay $115,000 to settle US government allegations the social media giant allowed discrimination in who saw housing advertisements, authorities said Tuesday.

Asharq Al-Awsat

What's Going On With Meta Platforms Stock?

What's Going On With Meta Platforms Stock?

Meta Platforms Inc (NASDAQ: META) shares are trading lower Tuesday after CEO Mark Zuckerberg announced changes to how creators generate income on the company's social media platforms.

Here's Why Needham Predicts Taboola Shares To Double

Here's Why Needham Predicts Taboola Shares To Double

Needham analyst Laura Martin reiterated Buy on Taboola.com Ltd (NASDAQ:TBLA) with a price target of $5 (95.3% upside). Martin cited the eMarketer report that advertising revenue on the Open Internet (excluding Walled Gardens like Amazon.com Inc (NASDAQ: AMZN), Meta Platforms Inc's (NASDAQ:META) Facebook, Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, YouTube, Snap Inc (NYSE:SNAP), and Roku, Inc (NASDAQ:ROKU)) is about $40 billion in the U.S. and about…

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Facebook and US make deal to stop discriminatory housing ads

The Justice Department says Facebook will change its algorithms to prevent discriminatory housing advertising as its parent company subjects itself to court oversight in a response to a U.S. lawsuit

The Independent UK

Metaverse Land Just Sold For $3,293 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,293, which is 1.60x the current floor price of 1.88 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $7,684 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,684, which is 3.72x the current floor price of 1.88 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Meta’s online store stocks Balenciaga, Prada, and Thom Browne

Digital clothing from the luxury labels will be available next week.

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How Meta is trying to make VR indistinguishable from reality

How Meta is trying to make VR indistinguishable from reality

The prototype VR headsets Mark Zuckerberg demoed could be game-changers, but they’re still many years from release, and ignore the metaverse’s current issues.

The Battle to Build a Child-friendly Metaverse

The Battle to Build a Child-friendly Metaverse

As a young woman straps on her vest and headset and becomes immersed in a virtual world, Mainak Chaudhuri talks excitedly about the potential of the technology. "This is the first step towards the metaverse," Chaudhuri of French start-up Actronika told AFP at this week's VivaTech trade show in Paris.…

Asharq Al-Awsat

Wendy’s Adds “Sunrise City” To Its Metaverse

Wendy’s Adds “Sunrise City” To Its Metaverse

Restaurant chain's latest cyberworld offers a breakfast lover's playground.

‘Death of photography on the platform’: Instagram users share outrage as platform trials major changes

‘Death of photography on the platform’: Instagram users share outrage as platform trials major changes

Instagram users have shared their frustration after the platform trialling major changes, one calling it the "death of photography" on the platform.

This Plot Of Digital Land Just Sold For $2,501 In ETH In The SandBox

This Plot Of Digital Land Just Sold For $2,501 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $2,501, which is 1.30x the current floor price of 1.75 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 2 ETH In The SandBox

Virtual Land Just Sold For 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $2,744, which is 1.43x the current floor price of 1.75 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Raymond James Lists Its Top Stock Picks In Online Ad

Raymond James Lists Its Top Stock Picks In Online Ad

Raymond James hosted an online advertising conference call with an industry expert. The expert has visibility into ~$2 billion of spend with a mix similar to the ad industry and diversified across Fortune 1,000 advertisers.

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Needham Considers It Futile For Meta To Compete With TikTok, YouTube, Amazon, Google

Needham's Laura Martin said Meta Platforms Inc's (NASDAQ: META) falling brand value is a lead indicator for rising customer acquisition costs, churn levels, and declining pricing power.

This Is What Whales Are Betting On Meta Platforms

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.

The Independent UK

Polyamorists lobby Facebook to change ‘exclusionary’ relationship status

‘This restriction perpetuates the erasure and marginalisation of non-monogamous relationships’

TikTok President Reasons Why Copying The Former Will Not Be Conducive For Facebook

TikTok's President of Global Business Solutions and former Meta Platforms, Inc (NASDAQ:META) Facebook veteran Blake Chandlee in a CNBC interview, shared how TikTok massively differed from Facebook. ByteDance Ltd-owned TikTok did not look to mimic Facebook. In contrast, Facebook struggled to win users by restructuring its Facebook and Instagram apps to emulate TikTok's popular short video format.…

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Social Media: Instagram eyeing TikTok's full-screen experience with new test

Instagram is testing the feed's new full-screen mode and an updated navigation bar, hoping to make content on the platform more discoverable and immersive. Read further on Dynamite News:

4 Internet Stocks to Buy on Weakness

The internet has become integral to modern lifestyle, with social media at the forefront. With the development of web 3.0 in sight, the industry might experience a metamorphosis. So, we think investors should buy prominent internet stocks, Meta Platforms (META), Twitter (TWTR), Snap Inc. (SNAP), and Expedia (EXPE) on weakness.

This Plot Of Digital Land Just Sold For $2,222 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $2,222, which is 1.18x the current floor price of 1.6999 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 $3,311 (3 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,311, which is 1.75x the current floor price of 1.6999 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $3,333 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,333, which is 1.76x the current floor price of 1.6999 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Why Meta Platforms Stock Is Falling

Meta Platforms Inc (NASDAQ: META) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement. The rate increase has pressured stocks across sectors and driven a selloff in tech-related names.

KeyBanc Sees Trade Desk Gaining Out Of EU Crackdown On Alphabet, Meta

Given continued scrutiny on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc (NASDAQ:META), KeyBanc sees a higher probability of regulators requiring walled gardens to open up inventory to demand side platforms (DSPs). Analyst Justin Patterson sees a ~50% probability of Alphabet making concessions on AdTech to the EU, which could prompt similar actions by Meta. Also…

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