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The Latest Breaking News from Meta

Breaking Live 5 publishers covering this story in the last 6 hours

15m ago Meta unveils its ‘most advanced device yet’: VR Glasses priced at $1,300, launching in Spring 2027
1h ago Meta bets big on wearable AI, Muse as Mark Zuckerberg pushes back against AI doom
1h ago Meta VR glasses, Muse pendant and more: Mark Zuckerberg unveils key products at Connect; check price, features and more
1h ago Meta launches camera-free AI glasses amid privacy pushback
2h ago Meta announces new lightweight virtual reality glasses to one-up Apple's Vision Pro

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

CNBC

Benzinga · May 24, 2022

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 · May 24, 2022

DC sues Zuckerberg over Cambridge Analytica privacy breach

The District of Columbia has sued Meta chief Mark Zuckerberg

The Independent UK · May 23, 2022

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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 · May 23, 2022

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 · May 23, 2022

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 · May 23, 2022

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 · May 23, 2022

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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 · May 23, 2022

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 · May 23, 2022

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 · May 23, 2022

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.

Benzinga · May 23, 2022

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

The Guardian - US · May 23, 2022

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…

Benzinga · May 23, 2022

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…

The Conversation · May 23, 2022

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Zenger · May 23, 2022

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 · May 23, 2022

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 · May 22, 2022

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 · May 22, 2022

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…

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Tribune News Service · May 22, 2022

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 · May 20, 2022

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.

Benzinga · May 20, 2022

Virtual Land Just Sold For 2 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,883, which is 1.11x the current floor price of 1.795 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga · May 20, 2022

Virtual Land Just Sold For 8 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $14,874, which is 4.27x the current floor price of 1.795 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga · May 20, 2022

This US Ruling Could Force Google To Break Up Its Ad Business

A bipartisan group of senators led by Utah Republican Mike Lee introduced legislation targeting conflicts of interest in the advertising technology industry, the Wall Street Journal reports. The legislation could force Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to break up its dominant online-ad business. The Competition and Transparency in Digital Advertising Act would prohibit…

Input · May 20, 2022

Qualcomm's wireless AR glasses seem like an important stepping stone

The Wireless AR Smart Viewer looks cool, until you hear about the battery life — only around 30 minutes of operation.

Evening Standard · May 20, 2022

Facebook-owner Meta brings augmented reality research to London

Facebook owner Meta is bringing its augmented reality (AR) research programme to London as the company looks to develop hardware for the metaverse.

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