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The Latest Breaking News from Meta

Sheryl Sandberg announces she's stepping down as Meta COO

In a Facebook post (naturally), Sandberg noted she will leave her post as COO, but remain on Meta's Board of Directors.

Input

Sheryl Sandberg, longtime No. 2 exec at Facebook, steps down

Sheryl Sandberg, the No. 2 exec at Facebook owner Meta, is stepping down, according to a post Wednesday on her Facebook page

The Independent UK

Sheryl Sandberg steps down as chief operating officer of Facebook parent company Meta

Sandberg joined the company in 2008 and will leave the company this fall, although she will continue to be on Meta’s board

The Guardian - US

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Sheryl Sandberg leaving Meta after 14 years

Under Sandbger's leadership, Meta grew to be one of the most powerful companies in the world.

Axios

Metaverse Land Just Sold For $5,196 (5,150 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $5,196, which is 1.61x the current floor price of 1.75 Ethereum (CRYPTO: ETH) ($5,196 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

This Plot Of Digital Land Just Sold For $11,065 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,065, which is 4.04x the current floor price of 1.485 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

'Nowhere Else To Go But Up': Jim Cramer Calls The Bottom In Amazon, Meta Platforms And This FAANG Stock

Jim Cramer is calling a bottom in three popular FAANG names that have been beaten down in 2022.

Benzinga

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Apple App Store Analysis: Reddit Surges Into Top 10 Ahead Of Snapchat, Facebook And Twitter

The Reddit mobile application has passed some of the most popular social media apps in the Apple Inc (NASDAQ: AAPL) app store.

Benzinga

What Does Mark Zuckerberg Think About The Meaning Of Life And Death?

Meta Platforms Inc (NASDAQ: FB) co-founder and CEO Mark Zuckerberg has spent most of his life creating things to facilitate human connection. He continues to push the limits of interaction as Meta shifts its focus to an alternate reality in the Metaverse.

Benzinga

Check Out What Whales Are Doing With Meta Platforms

Someone with a lot of money to spend has taken a bearish stance on Meta Platforms (NASDAQ:FB). 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

Instagram introduces important new feature for UK users

The feature will begin rolling out on Thursday and will be fully available in 25 countries within the next few weeks

Liverpool Echo

Morning Brief: Top Financial Stories Dominating on Wednesday, June 1

Reuters Redbird Capital Buys Italian Football Club AC Milan

Benzinga

Alert: Facebook Parent's Stock Ticker Will No Longer Be 'FB' From This Date

Facebook parent Meta Platforms Inc’s (NASDAQ: FB) Class A common stock will start trading with a new ticker soon.

Benzinga

4 Largest Acquisitions By Meta Platforms: Oculus, Instagram And More

Since its founding in 2004, Meta Platforms Inc (NASDAQ: FB), formerly known as Facebook, has acquired roughly 94 companies. The corporation employs a variety of intensive growth techniques, the most important of which is asset diversification.

Benzinga

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Benzinga

Virtual Land Just Sold For 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $6,872, which is 2.33x the current floor price of 1.5 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 $6,872 (4 ETH) In The SandBox

Benzinga

This Plot Of Digital Land Just Sold For $11,270 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $11,270, which is 3.83x the current floor price of 1.5 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

7 Stocks Moved By Traders on 'Fast Money: Halftime Report'

CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.

Get all your
news in one place.

100's of premium titles.
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Benzinga

Here's Why JPMorgan Sees Meta As Broadcom's Next Billion-Dollar Customer

Facebook parent Meta Platforms Inc (NASDAQ:FB) looks to use Broadcom Inc's (NASDAQ:AVGO) custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, J.P. Morgan analysts said. The analysts saw application-specific integrated circuit chips drive approximately $2 billion to $2.5 billion in revenue for Broadcom in 2022, aided by its deals…

StockNews.com

5 Digital Advertising Stocks to Avoid After Snap Reduces 2022 Revenue Guidance

Social media company Snap (SNAP) has reduced its growth forecast due to several macroeconomic headwinds and a global economic slowdown. These headwinds, coupled with increased regulations, will likely affect other companies in the digital ad space. Thus, we think the stocks of digital ad companies Meta Platforms (FB), Alphabet (GOOGL),…

The Guardian - AU

Deliberate ploy: whistleblowers reveal why Facebook’s Australia news ban included non-news sites

Employees within Meta say the move amid the standoff with the Morrison government was no accident

Benzinga

Metaverse Land Just Sold For $4,064 (4,369 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $4,064, which is 1.12x the current floor price of 2.097 Ethereum (CRYPTO: ETH) ($4,064 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

This Plot Of Digital Land Just Sold For $5,209 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,209, which is 1.79x the current floor price of 1.68 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 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,813, which is 2.68x the current floor price of 1.68 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Immersion Accuses Meta For Alleged Infringement Of Patents For AR, VR Pursuit

Immersion Corp (NASDAQ:IMMR) has prosecuted Meta Platforms Inc (NASDAQ:FB) for alleged infringement of Immersion patents that cover various uses of haptic effects in connection with such AR/VR systems. The complaint alleged that Meta's augmented and virtual reality systems, including the Meta Quest 2, infringed six Immersion patents. Also Read: Washington Attorney General Indicts Meta's Mark Zuckerberg…

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