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The Latest Breaking News from Meta

Facebook charged BJP less for India election ads than others

The cheaper rates allow the BJP, Facebook’s largest political client in India, to reach more voters for less money.

Al Jazeera

Mark Zuckerberg Confirms NFTs Are Coming Soon To Instagram

Meta Platforms Inc (NASDAQ: FB) CEO Mark Zuckerberg said that the company is working on bringing non fungible tokens (NFTs) to its social media platform, Instagram.

Benzinga

Facebook parent company Meta joins UK anti-scams initiative

The tech giant has joined Stop Scams UK, a body of businesses working to stop scammers.

The Independent UK

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Facebook angers Silicon Valley staff by axing free laundry service

Soon after social media giant recorded first ever drop in users, parent company Meta began ‘adjusting’ employee perks

The Independent UK

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts. "This fine is about record-keeping practices from 2018 that we have since updated,…

Benzinga

Irish Watchdog Fines Meta 17 Mln Euros for Data Breach

Ireland's data regulator on Tuesday said it was imposing a 17 million euro ($18.7 million) fine on Facebook parent Meta Platforms after an inquiry into 12 data breach notifications the regulator received in 2018. The country's Data Protection Commissioner said it had found that "Meta Platforms failed to have in…

Asharq Al-Awsat

Meta To Hire 2K Employees Over The Next 5 Years In Spain

Facebook owner Meta Platform Inc (NASDAQ:FB) is looking to hire 2,000 people over the next five years in Spain, Reuters reports. The 2,000 employees will mainly staff the company's first 'lab,' a flexible base for its remote workers, in Madrid. Facebook will establish a Metaverse Innovation Hub with local telecoms firm Telefonica SA (NYSE:TEF). Spain…

Benzinga

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Facebook parent company hit by 17 million euro fine by Irish regulator

In a statement on Tuesday, the DPC said that it had found that Meta had breached EU data protection rules.

The Independent UK

Reversal Patterns For Meta Platforms (Facebook), eBay And Lululemon: Is The Bottom Forming?

eBay, Inc (NASDAQ: EBAY), Meta Platforms, Inc (NASDAQ: META) and Lululemon Athletica, Inc (NASDAQ; LULU) have created double bottom and triple bottom patterns on the daily chart.

Benzinga

Twitter hits back at anti-trolling laws during committee hearing

Another round of committee hearings into the anti-trolling bill has received further criticism from social media companies.

The Canberra Times

Facebook owner to help train Australian politicians, influencers in run-up to election

Facebook owner Meta Platforms will help train Australian political candidates on aspects of cyber security and coach influencers to stop the spread of misinformation in a bid to boost the integrity of an upcoming election, it said on Tuesday.

Reuters

Russian influencers cry over Kremlin’s decision to ban Instagram: ‘I shared my life, my work, and my soul’

Instagram’s parent company Meta was declared an ‘extremist organisation’ by Vladimir Putin’s government

The Independent UK

Facebook's parent company Meta plans Australian election ramp-up as it prepares for rise in misinformation and threats against politicians

Facebook's parent company Meta will have dedicated staff monitoring the platform in the coming Australian federal election. But it's the safety of politicians that also has the company's attention.

ABC News

BofA Cuts Price Target On This Social Media Giant By 12%

BofA analyst Justin Post lowered Meta Platforms Inc's (NASDAQ:FB) price target to $290, down from $330, but reiterated a Buy. The price target implies an upside of 54%. Post noted that Russia's invasion of Ukraine would have a "modest impact" on advertising sales of the Facebook parent. Also Read: Deutsche Bank Still Finds Big Tech…

Benzinga

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The Guardian - UK

Facebook and Instagram users not allowed to call for death of Putin

Update from parent company Meta says ‘calls for the death of a head of state’ are banned

Input

Meta says Ukrainians can't wish for Putin's death on Facebook anymore

The company narrowed its guidelines on violent speech over the weekend. Whatever could have made them do that?

Benzinga

Meta Prohibits Ukraine's Content Policy Calling For Death Of State Head

Meta Platforms Inc (NASDAQ:FB) narrowed its content moderation policy for Ukraine to prohibit calls for the death of a head of state, Reuters reports. Meta's internal post stated, "We are now narrowing the focus to make it explicitly clear in the guidance that it is never to be interpreted as condoning violence…

The Guardian - UK

‘This is my life’: Russian influencers take stock after Instagram access blocked

For many Russian businesses, the social network was a leading platform for advertising and communicating with clients

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Reuters

Meta narrows guidance to prohibit calls for death of a head of state

Facebook owner Meta Platforms said on Sunday that it is further narrowing its content moderation policy for Ukraine to prohibit calls for the death of a head of state, according to an internal company post seen by Reuters.

Al Jazeera

How a Reliance-funded firm boosts BJP’s campaigns on Facebook

Legal loopholes, selective use of rules allowed a Reliance company to pump in millions to promote the BJP in elections.

The Guardian - UK

Ukraine to launch NFT to mark history of Russian invasion

Digital assets will be used to fund war efforts and media activities

Asharq Al-Awsat

Instagram Users in Russia Told Service Will Cease from Midnight

Instagram users in Russia have been notified that the service will cease from midnight on Sunday after its owner Meta Platforms said last week it would allow social media users in Ukraine to post messages such as "Death to the Russian invaders". An email message from the state communications regulator…

Input

‘Snow Crash’ is a reminder that the metaverse could be chaotic good

Meta’s imagination is stunted by its many scandals. Its sterilized metaverse leaves little room for shock and awe.

Asharq Al-Awsat

Facebook Owner Defends Policy on Calls for Violence that Angered Russia

Facebook owner Meta Platforms said Friday that a temporary change in its content policy, only for Ukraine, was needed to let users voice opposition to Russia's attack, as Russia opened a criminal case after the company said it would allow posts such as "death to the Russian invaders." Russian prosecutors…

Al Jazeera

Russia to block Instagram over ‘death to invaders’ posting rule

Moscow opens criminal case into Instagram’s owner, Meta, for allowing posts calling for violence against Russian forces.

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