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The Latest Breaking News from Meta

Virtual Land Just Sold For 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $7,816, which is 2.50x the current floor price of 1.6 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Pete Najarian Isn't Worried About Snap Weighing On Facebook, Says Meta Could Bounce Back To This Price 'In A Heartbeat'

Snap Inc (NYSE: SNAP) is dragging down the rest of the social media stocks on Tuesday and one investor sees an opportunity amid the move. What To Know: Snap shares are in free fall after the company warned it expects to miss its previously-issued forecast.

Benzinga

Benzinga's Brief On Trending Tickers For May 24, 2022: Abercrombie & Fitch, Zoom Video And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

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Washington Attorney General Indicts Meta's Mark Zuckerberg For Alleged Role In Cambridge Analytica Scandal

The attorney general for Washington, D.C., charged Meta Platforms Inc (NASDAQ:FB) Facebook founder Mark Zuckerberg for allegedly participating in decision-making that led to the Cambridge Analytica data breach, the Wall Street Journal reports. The evidence shows Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading…

Benzinga

Why Meta Platforms Stock Is Tumbling Today

Meta Platforms Inc (NYSE: FB) shares are trading lower Tuesday in sympathy with Snap Inc (NYSE: SNAP) after the company

Benzinga

Morning Brief: Top Financial Stories Dominating on Tuesday, May 24

CNBC

Benzinga

Instagram Undergoes Visual Refresh: Here Are The Details

True to the adage "necessity is the mother of all invention," the necessity to stay alive in the competitive race has led Meta Platforms, Inc.'s (NASDAQ: FB) Instagram app to do a makeover.

Benzinga

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DC sues Zuckerberg over Cambridge Analytica privacy breach

The District of Columbia has sued Meta chief Mark Zuckerberg

The Independent UK

Facebook, Instagram to reveal more on how ads target users

Meta, the parent company of Facebook and Instagram, said it will start publicly providing more details about how advertisers target people with political ads

The Independent UK

Why Meta Platforms Shares Are Trading Lower After Hours

Meta Platforms Inc (NASDAQ: FB) shares are falling in Monday's after-hours session after fellow social media company Snap Inc (NYSE: SNAP) filed a Form 8-K with the U.S.

Benzinga

Metaverse Land Just Sold For $8,209 (4 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $8,209, which is 2.42x the current floor price of 1.65 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 $20,523 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $20,523, which is 6.06x the current floor price of 1.65 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

This Investor Just Swapped Amazon Stock For Meta Platforms: Here's Why

One investor is shaking up her exposure to FAANG names after finding a valuation opportunity.

Benzinga

Here's How Much $100 Invested In Meta Platforms 10 Years Ago Would Be Worth Today

Meta Platforms (NASDAQ:FB) has outperformed the market over the past 10 years by 9.67% on an annualized basis producing an average annual return of 21.17%. Currently, Meta Platforms has a market capitalization of $532.63 billion.

Benzinga

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Benzinga

After Rising to Fame as Hot Audio Social App, Yalla Finds New Role Model in Facebook

Key Takeaways: Yalla said its first-quarter revenue rose 6.9% to a record $72.3 million, as strong gains for its game services offset a first-time decline for its core voice business Company is launching a wide array of new initiatives, including an instant messaging app and its first-ever hardcore game, in…

Benzinga

Check Out What Whales Are Doing With Meta Platforms

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:FB) we detected 24 strange trades.

The Guardian - US

Zuckerberg sued by DC attorney general over Cambridge Analytica data scandal

Karl Racine accuses Facebook co-founder of direct knowledge of policies that allowed firm to gather data of millions of Americans

Benzinga

Twitter, Meta See NY State Comptroller's Anger For Inadequate Content Moderation

New York State Comptroller Thomas DiNapoli has sought votes against directors at Twitter Inc (NYSE:TWTR) and Facebook parent Meta Platforms Inc (NASDAQ:FB) at their upcoming annual meetings, Reuters reports. Twitter and Meta's failure to tackle harmful content, including a mass shooting in Buffalo, N.Y., has led to the call. Thomas DiNapoli, who oversees New York's pension…

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The Conversation

What is the metaverse, and what can we do there?

You’ve likely heard recently how the metaverse will usher in a new era of digital connectivity, virtual reality (VR) experiences and e-commerce. Tech companies are betting big on it: Microsoft’s massive US$68.7 billion acquisition of game developing giant Activision Blizzard reflected the company’s desire to bolster its position in the…

Zenger

Game On: NASA To Develop Virtual Mars Challenge

The space agency is collaborating with Epic Games to create a metaverse experience on the Red Planet.

The Guardian - AU

Facebook whistleblowers allege Meta may have breached Australia’s foreign interference laws

Company accused of deliberately blocking Australian government pages as a negotiating tactic during debate over news media laws

The Guardian - AU

Rod Sims says Facebook should be forced to negotiate with SBS under news media bargaining code

Despite dozens of deals to pay Australian news publishers for content, social media company has left out SBS and the Conversation

Tribune News Service

Dangerous DIY baby formula recipes go viral as parents get desperate

As a nationwide baby formula shortage sends parents into crisis mode, social media posts containing dangerous misinformation about homemade formula recipes have gone viral online, racking up views in the millions. Although major networks like Facebook, TikTok and YouTube have taken steps to label photos, videos and posts with contextual…

Tribune News Service

Facebook slammed for spreading Putin’s propaganda in NATO’s east

A flood of posts pushing misinformation in Slovakia is putting the spotlight on Facebook for facilitating the spread of pro-Russian theories on the war in neighboring Ukraine, ranging from claims that Kyiv is secretly developing biological weapons to questioning whether President Vladimir Putin’s invasion even happened at all.

Input

Meta employees aren't allowed to talk about abortion at work

Leaked internal communications reveal Meta's stance on reproductive rights is an outlier for controversial topics.

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