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The Latest Breaking News from Meta

Meta, SoftBank Backed Indian Startup Targets IPO; Exploring Indian and US Exchanges

Facebook parent Meta Platforms Inc (NASDAQ:FB) and SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF) Vision Fund 2 backed Indian startup, Meesho, looks to go public in early 2023, Reuters reports. The Bengaluru-based social commerce platform is rooting for a listing by the end of 2022. Meesho is evaluating both Indian and U.S. exchanges. Resellers on the company's…

Benzinga

Putin restricts access to Twitter as Russia launches information war against Ukraine

Russian state communications regulator Roskomnadzor has restricted access to Twitter hours after it blocked Facebook in a major escalation amid the ongoing confrontation between big tech and the Kremlin

Daily Mirror

Russia blocks access to Facebook and Twitter

Move to block Facebook and Twitter comes as the Russian government passed a bill the criminalizes ‘fake’ reports against the war

The Guardian - US

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Ukraine invasion: Russia blocks access to Facebook for its 146 million citizens

Sir Nick Clegg, vice president of global affairs at Facebook’s parent company Meta, has spoken out against the decision.

The Independent UK

Russia blocks access to Facebook

It's part of a greater effort by Russia to silence dissent.

Axios

Putin propaganda machine undercut by social media blackout

Russia’s invasion of Ukraine dredged up concerns that the country’s aggression would extend to social media, and that the Kremlin’s long-running campaign to use the internet to stir doubt and division in democracies would confuse public opinion on the war.

Tribune News Service

Airbnb Suspends Operations In Russia, Belarus

Home rental company Airbnb Inc (NASDAQ:ABNB) suspended its operations in Russia and Belarus, CEO Brian Chesky tweeted. Multiple U.S. conglomerates aligned with sanctions on Russia by restricting their services post its invasion of Ukraine. The conglomerates include Facebook parent Meta Platforms Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google followed by the likes of Netflix Inc (NASDAQ:NFLX), Spotify Technology S.A. (NYSE: SPOT) and many more.…

Benzinga

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A Bullish Sign For Apple, Meta Platforms And PayPal Stocks: What The Charts Are Saying

Apple, Inc (NASDAQ: AAPL), Meta Platforms, Inc (NASDAQ: FB) and PayPal Holdings, Inc (NASDAQ: PYPL) are all trading higher in strong

Benzinga

Gov't TikTok investigation probes platform's effect on children

TikTok says it appreciates "that the state attorneys general are focusing on the safety of younger users."

Input

Facebook researchers find its apps can make us lonelier

When Facebook hosted an internal competition a few years ago to develop new product ideas, a handful of employees teamed up to build a robot named Max.

Tribune News Service

UK asks Meta, Tik Tok to prevent access to RT

Britain's culture minister said she had asked social media company Tik Tok and Facebook's parent company Meta Platforms if they could prevent access to Russian state-owned television network RT in Britain.

Reuters

This Plot Of Digital Land Just Sold For $14,420 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $14,420, which is 1.63x the current floor price of 3.0 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 $14,685 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $14,685, which is 1.66x the current floor price of 3.0 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 $23,543 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $23,543, which is 2.67x the current floor price of 3.0 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

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news in one place.

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Benzinga

Is Mark Zuckerberg A Robot? Here's How He Was Put To The Test

In a 2019 interview with NBC News, Meta Platforms (NASDAQ: FB) CEO Mark Zuckerberg admitted he “comes across as robotic” when he communicates with Meta staff.

ABC News

Ukrainian governor says Russian air strike that hit two schools killed 22 people — as it happened

At least 22 people have been killed as a Russian air strike hits two schools and private houses in Chernihiv, in Ukraine's north. Look back on our blog as it happened.

Benzinga

Mark Zuckerberg Wants New and Better Networks For Metaverse Ambitions

Facebook parent Meta Platforms Inc (NASDAQ: FB) will not realize its "metaverse" ambitions without drastic improvements in current telecoms networks,

Benzinga

Facebook Apps Can Make People Lonelier, Internal Research Says

Meta Platforms Inc (NASDAQ: FB), which aimed to help people connect online, has discovered through internal research that its products can just as quickly have an isolating effect,

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Here's Why Morgan Stanley Slashed Facebook Parent Meta's Price Target by 10%

Morgan Stanley analyst Brian Nowak lowered the price target on Facebook parent Meta Platforms Inc (NASDAQ:FB) to $325 from $360 and reiterated Overweight. The price target implies an upside of 59.7%. Nowak noted lower near-term monetization of Reels. Benchmark analyst Mark Zgutowicz harbored similar feelings and therefore initiated coverage on the stock with a Hold and without any…

Benzinga

Facebook, Apple, Google Ban Their Products and Services In Russia

Meta Platforms Inc (NASDAQ: FB) globally demoted content from Russian state-controlled media outlets' Facebook pages, Instagram accounts, and posts containing links to those outlets on Facebook,

Evening Standard

Has Big Tech finally picked a side in Russia’s war on Ukraine?

It’s not just tanks, it’s technology on the frontline. Interventions like banning state-affiliated media and providing satellite internet are causing chaos for the enemy, says Chris Stokel-Walker

The Guardian - UK

TechScape: How the internet became a key front in Russia’s invasion of Ukraine

Google, Meta, Twitter, TikTok (and Elon Musk, obviously) have been dragged into the conflict

The Guardian - UK

Nick Clegg has the power now to right Facebook’s wrongs. This is how he should do it

The former UK politician must act to end the company’s profit-driven cycle of tearing societies and democracies apart, says Facebook whistleblower Frances Haugen

The Guardian - AU

Meta rejects Craig Kelly’s demand to suspend factchecking on Facebook during election campaign

United Australia party leader tells parliamentary committee Facebook enforcing its community standards on politcians’ posts is ‘foreign interference’

Newslaundry

Russia-Ukraine war: Military campaign on the ground, perception war online

On Saturday, February 26, while Russian troops bombarded Ukraine’s second-largest city Kharkiv, the country’s vice prime minister and minister of digital transformation Mykhailo Fedorov tweeted an appeal for donations in cryptocurrency. Reuters described this crypto crowdfunding appeal as “unprecedented”, pointing out that Ukraine’s online appeal for direct donations was the…

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