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The Latest Breaking News from Meta

Check Out What Whales Are Doing With META

A whale with a lot of money to spend has taken a noticeably bullish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:META) we detected 12 strange trades.

Benzinga

Facebook, Instagram Fall Prey To Data Scraping; Indict Chinese Company

Meta Platforms, Inc (NASDAQ:META) prosecuted Octopus Data, the U.S. subsidiary of a Chinese national high-tech enterprise Shenzhen Vision Information Technology Co. Octopus Data allegedly offered data scraping services for Facebook and Instagram. Meta also prosecuted a Turkey-based individual, Ekrem Ateş, for allegedly setting up automated Instagram accounts to scrape data from 350,000 Instagram…

Benzinga

Facebook owner Meta enhances language translation AI

It comes after Meta was accused of failing to moderate harmful content in different languages

Evening Standard

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Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

Meta Platforms, Inc (NASDAQ:META) pushed ahead with plans to launch access to digital collectibles to its 3 billion users amid the crypto meltdown, the Financial Times reports. Meta would in no way adjust its plans around so-called non-fungible tokens, said new fintech head Stephane Kasriel in an interview with FT. The efforts are…

Benzinga

EU's regulatory iceberg bears down on tech's big ships

Europe's two major new tech laws give governments sweeping mandates to change tech platforms' behavior.

Axios

UK could force messaging apps to adopt new technology to tackle abuse images

Home secretary says new powers to require tech firms to remove encrypted abuse material would bring privacy and security

The Guardian - UK

Metaverse Land Just Sold For $7,038 (8,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $7,038, which is 2.46x the current floor price of 2.398 Ethereum (CRYPTO: ETH) ($7,038 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

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What's Going On With Meta Platforms Stock Today?

Meta Platforms Inc (NASDAQ: META) shares are trading higher Tuesday. What's going on? Barclays analyst Amos Fletcher maintained Meta with an Overweight rating and lowered the price target from $370 to $280.

Benzinga

Barclays Sees TikTok, Apple Stealing Digital Ad Mojo Of Google, Facebook, Amazon In 2022 - Read How

Barclays analyst Ross Sandler acknowledged that investors were "rightfully wary" about the trajectory of digital advertising growth in 2022, especially into Q2 earnings.

Benzinga

Drivers issued with urgent warning amid car insurance scam 'too good to be true'

There's a well-known saying that if something is 'too good to be true' then there's a good chance that it is and therefore you should avoid it and instead start doing your research - now experts have said one type of scam is on the rise.

Edinburgh Live

Facebook's post-Roe censorship

The move comes just after Meta vowed to cover travel expenses for employees seeking out-of-state abortions

Salon

Music and live gigs are coming to the metaverse — but probably not in the way you expect

Concerts, gigs and live performances in the metaverse could change how you experience music — but probably not in the way that you expect.

ABC News

Benzinga Before The Bell: Kohl's Deal Talks Cancellation, Tesla's Racial Discrimination Lawsuit, Nio's Strong June Deliveries And Other Top Financial Stories Friday, July 1

CNBC Why Kohl’s Shares Are Plunging Today

Benzinga

TikTok's Smaller US Rival Files For IPO

Short video app Triller Inc has confidentially filed for an initial public offering with the U.S. SEC. Recently, Triller terminated its merger with video advertising software provider SeaChange International, Inc (NASDAQ:SEAC) when it shared plans to pursue an IPO with a potential listing under the ticker symbol "ILLR" by September. Also Read: Triller Merging With SeaChange International: What Investors Should…

Benzinga

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Axios

Next post-Roe battlefield: Online abortion information

Conservatives are proposing new laws to limit the availability of basic abortion information online.

Benzinga

Khaby Lame, Now The Most Popular TikTok Star, Named Brand Ambassador Of This Crypto Company

A former factory worker is now the most followed person on ByteDance-owned social media platform TikTok. After crossing that milestone, Khaby Lame has landed a deal with cryptocurrency platform Binance.

Benzinga

Facebook Parent Meta Testing NFTs With Some Creators In The US: Report

Meta Platforms Inc (NASDAQ: META) is reportedly testing digital collectibles on Facebook with select creators across the United States.

Benzinga

Facebook Parent Meta Cuts Hiring Plans As Mark Zuckerberg Flags 'Worst Downturn In Recent History:' Report

Meta Platforms Inc (NASDAQ: META) CEO Mark Zuckerberg has reportedly asked his employees to brace for one of the worst economic downturns in recent history.

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Bangkok Post

The next great tech opportunity

Businesses are touting the metaverse as a promising new opportunity to increase customer engagement and propel growth in the digital era.

Benzinga

Here's How Much You Would Have Made Owning Meta Platforms Stock In The Last 10 Years

Meta Platforms (NASDAQ:META) has outperformed the market over the past 10 years by 7.22% on an annualized basis producing an average annual return of 17.9%. Currently, Meta Platforms has a market capitalization of $441.97 billion.

The Times of India

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

StockNews.com

3 Bargain Stocks Near 52-Week Lows to Buy and Forget

The lingering inflation and the Fed’s aggressive rate hikes are taking a toll on the market. However, we think it could be wise to buy and hold financially robust bargain stocks Meta Platforms (META), Micron Technology (MU), and Incyte (INCY), which are currently trading near 52-week lows. Keep reading….

Benzinga

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

Benzinga

Benzinga Before The Bell: Tesla's Autopilot Layoff, TikTok Removal From App Stores, US Sanction On Russian Gold And Other Top Financial Stories Wednesday, June 29

CNBC

Benzinga

Developers Chide Meta For Exploiting Its Dominance To Charge For Metaverse Activities

Meta Platforms, Inc (NASDAQ: META) faced the heat over its metaverse activity fees, the Financial Times

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