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The Latest Breaking News from Meta

Facebook and TikTok are approving ads with ‘blatant’ misinformation about voting in midterms, researchers say

YouTube was the only platform tested that rejected all of the disinformation ads

The Independent UK · Oct 21, 2022

The U.K. Competition Authority 'Wins,' but Consumers Lose

U.K. regulators shut down Meta/GIPHY deal in favor of their own “approved buyer.”

Reason · Oct 21, 2022

Social media platforms brace for midterm elections mayhem

Social media platforms like Facebook, TikTok and Twitter say they're taking steps to prevent the spread of misinformation about voting and elections ahead of next month's midterms

The Independent UK · Oct 21, 2022

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Corporate spending in state politics and elections can affect everything from your wallet to your health

Political spending by corporations is big business.

The Conversation · Oct 20, 2022

India’s domestic spy agency bought NSO hardware that matches Pegasus specifications

India’s Intelligence Bureau, the country’s main domestic intelligence agency, bought hardware from the Israeli spyware firm NSO Group that matches the description of equipment used elsewhere to deploy the company’s flagship Pegasus software, import documents show.

Newslaundry · Oct 20, 2022

Expert take: Why was the Wire compelled to pull down its Meta stories?

After insisting for over a week that its reporting supposedly exposing how Meta allowed BJP leaders to censor content on its platforms was solid, the Wire on Tuesday pulled down the work pending a “thorough internal review of all material and documents and sources”.

Newslaundry · Oct 20, 2022

Nokia’s vision of the future is a world where the metaverse replaces smartphones

It’s hard to imagine a world untethered from your cellphone. Unless you work for Nokia.

Tribune News Service · Oct 19, 2022

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Molly Russell's dad said jailing executives at 'unsafe' social media platforms should be an option

Ian Russell said it would "refocus their minds" if senior social media executives faced a prison sentence for not protecting users of their platform properly after the death of his daughter Molly, 14

Wales Online · Oct 19, 2022

Ian Russell says jail option for ‘unsafe’ social media execs would ‘focus minds’

Mr Russell, the father of teenager Molly Russell, said he ‘can’t wait’ to see responses to a Prevention of Future Deaths report.

The Independent UK · Oct 19, 2022

SpaceX Starlink's New In-Flight Connectivity Service, Amazon's NY Workers Reject Union, Celsius Network Faces Several Federal Investigations: Top Stories Wednesday, Oct. 19

Reuters US Lawmakers Plan Hearing On Kroger, Albertsons' $25B Merger

Benzinga · Oct 19, 2022

TechScape: Kanye’s dark twisted social media fantasy

The artist now known as Ye wants to buy the ‘free-speech’ social network Parler after being banned from major sites. But hopes for a rightwing splinternet, where anything goes, is not so easy

The Guardian - UK · Oct 19, 2022

Experts grade social media on misinfo

Social media networks crack down — but the companies vary in their approaches and effectiveness

Salon · Oct 19, 2022

Uneven recovery hinders sector's growth

Thailand's e-commerce is expected to post US$23 billion in gross merchandise value (GMV) this year, up 18% year-on-year, but the growth is much smaller than the previous year, weighed down by economic headwinds, according to a new survey by Facebook parent firm Meta and consultancy Bain & Company.

Bangkok Post · Oct 18, 2022

Bank is taking a risk in cracking on with first QT sale

Longer delay might have been mildly embarrassing but would be the safer approach

The Guardian - UK · Oct 18, 2022

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Asharq Al-Awsat · Oct 18, 2022

Meta Accepts UK Order to Sell Giphy after Antitrust Battle

Britain's competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority's (CMA) order to unwind the 2020…

Newslaundry · Oct 18, 2022

The Wire will ‘suspend’ its Meta stories until it carries out ‘thorough internal review’: Siddharth Varadarajan

After receiving widespread criticism for its coverage of Meta’s XCheck programme, the Wire has decided to “suspend the stories” until it carries out a “thorough internal review of all material and documents and sources”, the portal’s founding editor Siddharth Varadarajan told Newslaundry.

The Independent UK · Oct 18, 2022

Meta agrees to sell Giphy, ending battle with UK regulators

Facebook parent Meta says it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation

Evening Standard · Oct 18, 2022

Meta suffers blow after being ordered to abandon $315 million Giphy takeover

Meta said it would not be contesting the decision

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The Independent UK · Oct 18, 2022

Meta ordered to sell Giphy as UK competition watchdog confirms decision

The Competition and Markets Authority has reiterated a decision it first made last year.

The Guardian - UK · Oct 18, 2022

Facebook owner Meta to sell Giphy after UK watchdog confirms ruling

CMA says takeover of gif creation website limits choice for social media users

Axios · Oct 18, 2022

Social media loses ground on abortion misinformation

A new report finds the major online platforms remain in disarray on the issue, months after the decision striking down Roe v. Wade.

AAP · Oct 18, 2022

Twiggy clear for Facebook 'clickbait' case

Andrew "Twiggy" Forrest's case against Facebook over alleged clickbait advertising scams will go ahead after the company accepted a WA court had jurisdiction.

The Conversation · Oct 17, 2022

Experts grade Facebook, TikTok, Twitter, YouTube on readiness to handle midterm election misinformation

The 2016 U.S. election was a wake-up call about the dangers of political misinformation on social media. With two more election cycles rife with misinformation under their belts, social media companies have experience identifying and countering misinformation. However, the nature of the threat misinformation poses to society continues to shift…

Benzinga · Oct 17, 2022

Meta Platforms Whale Trades For October 17

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.

The Guardian - US · Oct 17, 2022

Will the economic slowdown take the wind out of the US tech industry’s sails?

Looming layoffs, rising inflation and fears of an impending recession bode ill for companies’ earnings calls next week

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