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The Latest Breaking News from Meta

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.

Benzinga

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.

Benzinga

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

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

Input

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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.

Input

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

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

Zenger

‘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.

The New Daily

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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.

Benzinga

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.

Benzinga

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.

Benzinga

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.

Benzinga

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.

Benzinga

Polyamorists lobby Facebook to change ‘exclusionary’ relationship status

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

The Independent UK

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.…

Benzinga

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Dynamite News

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:

StockNews.com

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.

Benzinga

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.

Benzinga

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.

Get all your
news in one place.

100's of premium titles.
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Benzinga

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.

Benzinga

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.

Benzinga

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…

Benzinga

What 24 Analyst Ratings Have To Say About Meta Platforms

Within the last quarter, Meta Platforms (NASDAQ:META) has observed the following analyst ratings:

Benzinga

Twitter's Employees Can't Go To 'The Happiest Place On Earth' In 2023, Cost Cutting Measures Hit Company Travel

Twitter Inc (NYSE:TWTR) is ditching a companywide retreat scheduled for January 2023 at Walt Disney Company (NYSE:DIS) Disneyland - 'The Happiest Place On Earth,' Bloomberg reports. Twitter cited cost-cutting measures to reduce corporate travel behind the move. The company's occasional gathering, known as 'OneTeam,' was last held in early 2020 in Houston before the…

The Independent UK

EU beefs up disinformation code amid Russia fake news fears

The European Union is beefing up its code of practice on disinformation by enlisting more tech companies and adding measures to prevent online purveyors of fake news from profiting

Benzinga

Benzinga Before The Bell: Tesla Raises Prices, Revlon Goes Bankrupt And Other Top Financial Stories Thursday, June 16

Wall Street Journal Moderna Plans COVID-19 Vaccine Trial For Infants

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