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The Latest Breaking News from Meta

Breaking 3 publishers covering this story in the last 6 hours

2h ago Shopify Teams Up With Meta's Muse As AI Shopping Expands. Its Stock Is Falling.
3h ago Meta Prepares New Smart Glasses Without Cameras As Privacy Controversy Looms Over Connect Event
3h ago Meta's Muse rekindles fears over winners and losers as personal AI agent emerges
3h ago Meta’s new AI tool Muse overtakes ChatGPT – but what does it do?
4h ago What is Muse? The powerful new Meta AI that wants to run your life

Trevor Noah on Instagram: ‘Everything is an ad, and your feed is full of people you don’t follow’

Late-night hosts discuss the backlash from users and the Kardashians, and the DoJ investigation of Trump

The Guardian - US · Jul 28, 2022

In a 3rd test, Facebook still fails to block hate speech

Facebook is letting violent hate speech slip through its controls in Kenya, according to a new report from the nonprofit groups Global Witness and Foxglove

The Independent UK · Jul 28, 2022

Meta Can't Buy V.R. Fitness Company, Must Make Its Own Competing App, Says FTC

Plus: A rebranded "Build Back Better," the two-party system creates "a disconnect between elites and non-elites," and more...

Reason · Jul 28, 2022

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Meta officially cuts funding for U.S. news publishers

As the company moves forward with sweeping changes to the Facebook experience, news has become less of a priority.

Axios · Jul 28, 2022

Reality crashes down on Meta

After a decade of unprecedented growth, Meta has finally hit a wall.

Axios · Jul 28, 2022

Russia Fines WhatsApp, Snapchat Owner over Data Storage Violations

A Russian court on Thursday fined Meta Platforms Inc's WhatsApp messenger and Snapchat owner Snap Inc for an alleged refusal to store the data of Russian users domestically, news agencies reported. Moscow has clashed with Big Tech over content, censorship, data and local representation in disputes that have escalated since…

Asharq Al-Awsat · Jul 28, 2022

Meta revenues fall for the first time as advertising sales dry up

Meta shares have fallen almost 50% since the beginning of 2022

Evening Standard · Jul 28, 2022

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Facebook's Meta Posts First-ever Revenue Drop

Facebook-parent Meta reported on Wednesday its first quarterly revenue drop and a plunging profit as the social media powerhouse battles a turbulent economy and the rising phenomenon of TikTok.

Asharq Al-Awsat · Jul 28, 2022

Facebook parent company Meta reports first-ever losses for global tech giant

The revenue losses come as the industry contends with market instability, growth slowdowns, and increasing competition between platforms.

ABC News · Jul 28, 2022

Meta’s growth comes to screeching halt as company projects first revenue drop

The company in its second-quarter earnings report said it anticipates lower than predicted revenue of $26bn to $28.5bn

The Guardian - US · Jul 27, 2022

Meta posts its first-ever quarterly revenue decline

The company faces competition, regulation and the cost of its metaverse pivot.

Axios · Jul 27, 2022

Facebook's parent company reports a drop in revenue for the first time ever

CEO Mark Zuckerberg says Meta will slow hiring and tighten its budget. Soaring inflation, interest rate hikes and other economic woes have affected the digital advertising the company depends on.

WEKU · Jul 27, 2022

FTC takes first major step in blocking Meta's monopoly on the metaverse

The FTC filed a complaint to block Meta's acquisition of Within, the developer of VR fitness app, Supernatural.

Input · Jul 27, 2022

FTC acts to block Meta from buying VR company, fitness app

Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural

The Independent UK · Jul 27, 2022

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Dynamite News · Jul 27, 2022

Social Media: Meta set to shut down its private messaging app for couples

According to The Verge, this app, launched in 2020, comes from Meta's New Product Experimentation (NPE) team, which develops experimental apps and services. Read more on Dynamite News:

Input · Jul 26, 2022

Facebook might stop removing so much COVID-19 misinformation

Meta is asking the Facebook Oversight Board to make the call. Is "free expression" more important than public health?

The Independent UK · Jul 26, 2022

Google's parent reports slowest quarterly growth in 2 years

Google’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid fears of an economic recession

WEKU · Jul 26, 2022

Facebook is making radical changes to keep up with TikTok

Facebook is overhauling its flagship app and Instagram to be more like the video platform that's so popular with Gen Z. Some people, like Kim Kardashian and Kylie Jenner, say it's trying too hard.

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Input · Jul 26, 2022

Meta can't afford to sell the Quest 2 for $299 anymore

Prices will start at $399 on August 1, but at least you'll get Beat Saber included.

The Independent UK · Jul 26, 2022

Instagram’s pivot to video may be its death knell

As Kylie Jenner and Kim Kardashian call for Instagram to ‘stop trying to be TikTok’ and influencers say the platform is hindering their careers, Olivia Petter asks if this is the end of our love affair with Instagram

Input · Jul 26, 2022

Instagram CEO responds to Kim and Kylie's disdain for app's many changes

"I love photos. I know a lot of you out there love photos, too," Adam Mosseri attempts to explain.

The Hindu · Jul 26, 2022

CM urges social media to regulate content

Campaign for children’s online safety launched

The Guardian - UK · Jul 26, 2022

Facebook considering ending restrictions on Covid misinformation

Social network turning to its ‘supreme court’ about decision, says head of global affairs, Nick Clegg

Benzinga · Jul 26, 2022

Looking At Meta Platforms's Recent Whale Trades

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.

Input · Jul 25, 2022

Can Pico's new VR headsets compete with Meta's Quest 2?

Pico, owned by TikTok's parent company, ByteDance, looks like it might try to challenge Meta’s Quest 2 and Quest Pro VR headsets in the U.S.

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