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The Latest Breaking News from Meta

What Are Whales Doing With Meta Platforms

Someone with a lot of money to spend has taken a bullish 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.

Benzinga

Google fails to overturn €4bn fine over Android bundling

Europe’s competition commission has imposed €8.25bn in antitrust fines on the company

The Guardian - UK

South Korea Fines Google, Meta over Privacy Violations

South Korea’s privacy watchdog has fined Google and Meta a combined 100 billion won ($72 million) for tracking consumers’ online behavior without their consent and using their data for targeted advertisements. South Korea’s Personal Information and Protection Commission said it fined Google 69.2 billion won ($50 million) and Meta 30.8…

Asharq Al-Awsat

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South Korea fines Google, Meta over privacy violations

South Korea’s privacy watchdog has fined Google and Meta a combined 100 billion won ($72 million) for tracking consumers' online behavior without their consent and using their data for targeted advertisements

The Independent UK

EU Court’s Wednesday Ruling on Record $4.4b Google Fine May Set Precedent

A ruling on Wednesday by Europe's General Court on whether Alphabet's (GOOGL.O) Google should face a record EU antitrust fine of 4.34 billion euro ($4.4 billion) for using its Android mobile operating system to quash rivals could set a precedent for other regulators looking into its business practices. Google will…

Asharq Al-Awsat

Biden's Sneaky Censors

Behind the scenes, federal officials pressure social media platforms to suppress disfavored speech.

Reason

5 challenges of doing college in the metaverse

More and more colleges are becoming “metaversities,” taking their physical campuses into a virtual online world, often called the “metaverse.” One initiative has 10 U.S. universities and colleges working with Meta, the parent company of Facebook, and virtual reality company VictoryXR to create 3D online replicas – sometimes called “digital…

The Conversation

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Social media is the most distrusted industry in Australia, survey finds

A recent survey by Roy Morgan shows social media was the most distrusted industry in Australia for the last 12 months to June 2022.

The New Daily

Twitter whistleblower unlikely to spur congressional action - Roll Call

The Senate Judiciary hearing from a Twitter whistleblower isn't a prelude to congressional action regarding tech platforms.

Roll Call

Leaked Data From Meta Revealed A Heap Of Tea About Insta Reels How They Stack Up To TikTok

It's time to BeReel?

Pedestrian.tv

Someone left Meta’s unreleased Quest Pro VR headset in a hotel room

An unboxing video and some photos show what’s likely a prototype for Meta’s Quest Pro VR headset that’s expected to drop in October.

Input

Social media firms are prepping for the midterms. Experts say it may not be enough

Facebook, YouTube, Twitter and TikTok are bringing back familiar strategies from 2020 to fight the spread of disinformation in the 2022 midterm elections.

WEKU

Fighting bogus claims a growing priority in election offices

Local election officials preparing for the rapidly approaching midterm elections have one more headache: trying to combat misinformation that can confuse, anger and disenfranchise voters

The Independent UK

Extra Discovery Allowed in States' Lawsuit Claiming Government "Colluded with and/or Coerced Social Media …

companies to suppress disfavored speakers, viewpoints, and contents."

Reason

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Salon

Facebook fuels Bolsonaro election lies

"Meta has learned absolutely nothing since January 6 in the U.S.," watchdog group says

Input

Meta's next Connect conference is on October 11

The company is expected to provide updates on its work in social media, VR, AR, and unveil the "Meta Quest Pro."

Benzinga

Looking At Meta Platforms's Recent Whale Trades

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:META) we detected 11 strange trades.

Al Jazeera

Ireland slaps Instagram with record $400m fine over kids’ data

The fine is the second largest ever issued under European Union privacy laws.

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news in one place.

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Miami Herald

Is Spanish-language media really a free-for-all? Here’s how it is —and isn’t — regulated

MIAMI — False claims on WhatsApp and Telegram that monkeypox isn’t a real virus. Russian war propaganda reaching from Latin America to Hispanic voters in the U.S. Unfounded assertions that the FBI’s raid of Mar-a-Lago was ordered up directly by President Joe Biden.

The Guardian - UK

First Thing: Judge grants Trump’s request for special master over Mar-a-Lago raid

Federal court accepts ex-president’s call for official to set aside materials potentially subject to privilege protections. Plus, Chris Rock on Will Smith’s apology video

Bangkok Post

Irish data watchdog fines Instagram 405m euros over children

DUBLIN: Ireland's Data Protection Commission on Monday said it had fined Instagram a record 405 million euros for breaching regulations on the handling of children's data.

Evening Standard

Instagram fined €405 million in Ireland over handling of teenagers’ personal data

Meta, Instagram’s parent company, said it intended to appeal the fine

The Guardian - UK

Instagram owner Meta fined €405m over handling of teens’ data

Penalty follows investigation into Instagram setting that allowed teenagers to set up accounts that displayed contact details

Irish Mirror

Ireland's data watchdog hits Instagram with €405 million fine

Meta said in a statement that it plans to appeal

The Independent UK

Irish regulators fine Instagram 405M euros for data breach

Irish regulators are slapping Instagram with a big fine after an investigation found the social media platform mishandled teenagers’ personal data

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