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The Latest Breaking News from Meta

Fidelity Raises Valuation Of Elon Musk's X, But It Remains 72% Below Buyout Price

Elon Musk took Twitter private for $44 billion. Fidelity raised the carrying valuation for the social media company in October after many months of markdowns.

Benzinga

Meta wants to build a $10B subsea cable spanning the world

Meta subsea cable network could be worth $10bn+, but we’re still waiting on more details.

TechRadar

Evaluating Meta Platforms Against Peers In Interactive Media & Services Industry

In today's fast-paced and competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies before making investment decisions. In this article, we will conduct a comprehensive industry comparison, evaluating Meta Platforms (NASDAQ:META) against its key competitors in the Interactive Media & Services industry. By examining…

Benzinga

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Guardian Essential poll: election warning signs for Labor as voters flunk government on housing costs and wages

But survey finds strong support for under-16s social media ban, despite concerns about how to enforce it

The Guardian - AU

Meta Platforms Stock: Is META Outperforming the Communication Services Sector?

Meta Platforms has outperformed the Communication Services sector over the past year, and analysts are highly optimistic about the stock’s prospects.

Barchart

3 Growth Stocks That Won’t Slow Down in 2025

Many analysts are becoming more bullish about lower corporate taxes and lower interest rates; here are three stocks set to deliver solid returns in 2025.

MarketBeat

Meta to force financial advertisers to be verified in bid to prevent celebrity scam ads targeting Australians

Exclusive: Businesses to require financial services licence number to post Facebook ads while individuals will need government-issued ID

The Guardian - AU

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Social media ban won't stop online risks, experts warn

Banning children from traditional social media platforms might not be as straightforward as Australian parents are being led to believe.

AAP

Scroll less, connect more: A new study shows how to make social media work for you

We all know using social media is considered bad for you. A high social media diet is linked to anxiety, depression and FOMO (the fear of missing out). Even internal research data from Meta, the company behind Instagram and Facebook, agrees.

The Conversation

‘Child poverty has got a lot worse’: outgoing charity boss lambasts Tory failures and social media giants

Peter Wanless of the NSPCC calls for more preventive action on child poverty, a ban on ‘morally repugnant’ smacking and favours guardrails online rather than bans

The Guardian - UK

Gingrich: Trump is a "mythic figure"

The ex-House Speaker said the president-elect was "like some of the people who come out of the Viking sagas"

Salon

Instagram actively helping spread of self-harm among teenagers, study finds

Researchers say parent company Meta is failing to remove explicit images on the social media site

The Guardian - UK

Kick off the festive season with Fortune's ultimate luxury gift guide

Unsure what to buy your loved ones this festive season? Look no further.

Fortune

3 Meta Ray-Ban smart glasses deals I would buy right now

So many styles to choose from

Laptop

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International Business Times

Meta To Spend $10 Billion On Globe-Spanning Undersea Cable Network: Report

When completed, the project would give the parent company of Facebook a dedicated pipeline for data traffic.

Tom’s Hardware

Facebook parent company Meta plans to build its own sub-sea cable — the source says the company plans to “avoid areas of geopolitical tension”

Meta is reportedly planning to build its own undersea internet cable spanning the globe.

Benzinga

Behind the Scenes of Meta Platforms's Latest Options Trends

Whales with a lot of money to spend have taken a noticeably bullish stance on Meta Platforms.

Benzinga

Industry Comparison: Evaluating Meta Platforms Against Competitors In Interactive Media & Services Industry

In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Meta Platforms (NASDAQ:META) and its primary competitors in the Interactive Media & Services industry. By closely examining key financial metrics,…

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news in one place.

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Benzinga

Reported Earlier, 'Meta Plans To Build A $10B Subsea Cable Spanning The World, Sources Say' - TechCrunch

https://techcrunch.com/2024/11/29/meta-plans-to-build-a-10b-subsea-cable-spanning-the-world-sources-say/Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its

Fortune

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

Elon Musk led the way, with the world's richest man adding $119 billion to his fortune.

Fortune

Tech firms criticize Australia’s ‘rushed’ social media ban for kids

The bill, which was passed on Friday, ended a legislative process that started just a week ago.

Tom’s Guide

Meta Quest 3 is a Black Friday bargain — here’s why it’s worth upgrading from Quest 2

The Meta Quest 3 is one of our favorite Black Friday deals so far and it's well worth the upgrade if you're still using the previous Quest 2 headset.

The Guardian - AU

Afternoon Update: Meta reacts to age ban; Indigenous leader jailed for theft; and why ‘holding space’ is having a moment

Tech giant says social media ban on under-16s was ‘rushed’ and failed to consider ‘the voices of young people’

The Guardian - AU

Meta accuses Australian government of failing to consider young people’s voices with world-first social media ban

One independent MP calls bill – which passed on Thursday – a ‘1970 solution for a 2024 problem’

International Business Times

Social Media Companies Slam Australia's Under-16 Ban

Social media giants on Friday hit out at a landmark Australian law banning them from signing up under-16s, describing it as a rush job littered with "many unanswered questions".

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