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The Latest Breaking News from Meta

Facebook fails again to detect hate speech in ads

Facebook has failed another test of its ability to detect blatant, violent hate speech in advertisements submitted to the platform by the nonprofit group Global Witness

The Independent UK · Jun 9, 2022

Microsoft’s mixed reality gets a black eye

The talent exodus and the organisational rejig has dealt a blow to Microsoft’s vision of a mixed reality, making it reroute resources and people at a time when the market for AR/VR is heating up.

The Hindu · Jun 9, 2022

Russia's Navalny scolds Google and Meta for helping Putin

Jailed Russian opposition leader Alexei Navalny scolded Google and Meta Platforms Inc on Thursday for shutting down advertising, a step he said had undermined the opposition and thus was a gift to President Vladimir Putin.

Reuters · Jun 9, 2022

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Facebook Parent Meta Pauses Dual Camera Smartwatch Project

Facebook owner Meta Platforms Inc's (NASDAQ:FB) Reality Labs division has suspended its work on the smartwatch codenamed 'Milan' after two years to focus on other wrist-worn devices, Bloomberg reports. The smartwatch, which was a part of its metaverse ambitions, was likely to include activity tracking, music playback, and messaging. A prototype of the device…

Benzinga · Jun 9, 2022

Zuckerberg Staying at Meta Helm for Years 'Makes Sense'

Mark Zuckerberg's presence at the helm of Facebook parent Meta for "many, many years" would be perfectly natural, his global affairs director has told AFP, even as the founders of many tech companies hand off to fresh blood. Succession at the mega company has been in the headlines in recent…

Asharq Al-Awsat · Jun 9, 2022

Musk’s Twitter bid leans on financier linked to Russian tycoon

Elon Musk’s bid for Twitter Inc., which has been upended by the billionaire’s threat to walk away, attracted a bevy of big-name backers and Silicon Valley mainstays. There were some notable exceptions.

Tribune News Service · Jun 9, 2022

Congress’s big tech crackdown quickens with rare show of unity

A bipartisan group of lawmakers defended a bill to rein in big technology companies, signaling that momentum is building for the first major piece of legislation to curb the power of giant online platforms.

Tribune News Service · Jun 9, 2022

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Metaverse Land Just Sold For $49,670 (50,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $49,670, which is 12.09x the current floor price of 2.286 Ethereum (CRYPTO: ETH) ($49,670 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 · Jun 8, 2022

Virtual Land Just Sold For 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,603, which is 1.21x 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 · Jun 8, 2022

Virtual Land Just Sold For 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $4,774, which is 1.61x 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 · Jun 8, 2022

What To Watch On Meta Platforms After Company Launches Roblox-Like Platform

Meta Platforms Inc (NASDAQ: FB) was trading more than 2% higher on Wednesday, breaking up from a triple inside bar on the daily chart.

Benzinga · Jun 8, 2022

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: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 · Jun 8, 2022

Microsoft Cuts Russia Operations Due to Ukraine Invasion, Says Bloomberg News

Microsoft Corp is substantially cutting its business in Russia in response to Moscow's invasion of Ukraine, Bloomberg News reported on Wednesday. Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia. The company did not immediately respond to a Reuters request for comment.…

Asharq Al-Awsat · Jun 8, 2022

Why Apple CEO Tim Cook 'Deeply Fears' Withering Away Of Privacy

Apple Inc (NASDAQ: AAPL) CEO Tim Cook touched on privacy and its gradual erosion in a recent interview.

Benzinga · Jun 8, 2022

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The Independent UK · Jun 7, 2022

Family sues Meta, blaming ‘addictive’ Instagram for daughter’s eating disorder

Lawyers for Alexis Spence claim her ‘addictive’ use of Instagram caused her to suffer self-harm and thoughts of suicide

Benzinga · Jun 7, 2022

Metaverse Land Just Sold For $8,205 (8,420 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $8,205, which is 2.01x the current floor price of 2.29 Ethereum (CRYPTO: ETH) ($8,205 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 · Jun 7, 2022

This Plot Of Digital Land Just Sold For $5,310 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,310, which is 1.99x 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 · Jun 7, 2022

Meta Promotes Veteran Officer To Newly Formed Position Of CISO

Facebook parent Meta Platforms, Inc (NASDAQ:FB) named a VP to the newly created position of the chief information security officer, Reuters reports. Guy Rosen confirmed the appointment via a tweet. CEO Mark Zuckerberg reportedly asked Rosen to assume the job citing it as "another step to elevate this security work in our DNA - and…

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Input · Jun 6, 2022

Apple’s AR headset was hiding in plain sight at WWDC 2022

At WWDC 2022, there were signs of Apple's mixed reality headset future everywhere in iOS 16, iPadOS 16, and macOS Ventura.

Benzinga · Jun 6, 2022

Virtual Land Just Sold For 3 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $5,563, which is 1.88x the current floor price of 1.597 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

The Conversation · Jun 6, 2022

Why are so many big tech whistleblowers women? Here is what the research shows

A number of high-profile whistleblowers in the technology industry have stepped into the spotlight in the past few years. For the most part, they have been revealing corporate practices that thwart the public interest: Frances Haugen exposed personal data exploitation at Meta, Timnit Gebru and Rebecca Rivers challenged Google on…

Zenger · Jun 6, 2022

Pay Day: Worldline Assists Merchants Eager To Establish A Presence In The Metaverse

The payment-services provider gives businesses the necessary tools to function in the digital universe.

Zenger · Jun 6, 2022

Fancurve To Launch Virtual Jerseys For Real Betis Soccer Club

Billing itself as the locker room for the modern sports collector, Fancurve offers an innovative way to support the Spanish team.

The Guardian - UK · Jun 5, 2022

Sheryl Sandberg’s influence reaches all of us. But it’s a troubling legacy

From epic data mining to shocking failures of content moderation, Meta’s COO passes on a vast clean-up job

Benzinga · Jun 4, 2022

Facebook Whistleblower Says Company Can't Recover Until Zuckerberg Steps Down

Data scientist and Facebook, Meta Platforms Inc (NASDAQ: FB) whistleblower Frances Haugen has said that CEO Mark Zuckerberg's decision to doubled down on the Metaverse after she raised concerns about the company's capacity to moderate content effectiv

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