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The Latest Breaking News from Meta

Facebook-Owner Meta to Open First Physical Store in Metaverse Bet

Meta Platforms Inc is set to open its first physical store where shoppers can try out and buy virtual reality headsets and other gadgets as the company plots a course to take its highly touted metaverse mainstream. The 1,550-square feet Meta Store at the company's Burlingame campus in California opens…

Asharq Al-Awsat

$100 Invested In Meta 10 Years Ago Would Be Worth This Much

Meta Platforms (NASDAQ:FB) has outperformed the market over the past 10 years by 5.4% on an annualized basis producing an average annual return of 17.01%. Currently, Meta Platforms has a market capitalization of $498.79 billion.

Benzinga

Meta investors brace for a difficult quarter after stocks nosedive

After losing a record $230bn in market value due to a disappointing earnings report in February, analysts are hoping to see progress

The Guardian - US

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Twitter uses Earth Day to announce ban on climate denialism ads

The platform has been a source of a growing wave of climate misinformation and said denialism ‘shouldn’t be monetized’

The Guardian - US

EU agrees on internet rulebook for Google, Facebook, other tech giants

BRUSSELS: European Union countries and EU lawmakers on Saturday clinched a deal on new rules requiring tech giants to do more to police illegal content on their platforms and to pay a fee to regulators monitoring their compliance.

Bangkok Post

What's Going On With Meta Platforms Shares?

Meta Platforms Inc (NASDAQ: FB) shares are trading lower by 1.84% at $184.63 Friday and lower by 14.98% over the trailing month. The move lower for Meta Platforms is likely in sympathy with the broader market as U.S.

Benzinga

Virtual Land Just Sold For 4 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $12,528, which is 2.57x 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

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Digital Cash Cow: Metaverse Numbers Are Skyrocketing

Private companies value the metaverse and its properties at more than $1 trillion.

Zenger

Barack Obama Says People 'Dying,' Democracy 'Under Threat' Due To Disinformation On Social Media

Former President Barack Obama said “people are dying” due to disinformation on social media services in a speech at Stanford University, the Washington Post reported on Thursday,

Benzinga

Meta's Sheryl Sandberg allegedly leant on news site to drop stories about ex-boyfriend

The Daily Mail dropped two stories detailing Activision’s Bobby Kotich’s abuse of an ex after threats by Meta executive, WSJ reports

The Guardian - US

How to preserve our privacy in an AI-enabled world of smart fridges and fitbits? Here are my simple fixes

The Second Law of Thermodynamics states that the total entropy of a system – the amount of disorder – only ever increases. In other words, the amount of order only ever decreases.

The Conversation

Top Meta Official Faces Internal Scrutiny For Doling Out Favours To Activision CEO Bobby Kotick

Meta Platforms Inc (NASDAQ: FB) COO Sheryl Sandberg faced internal scrutiny for allegedly pressing a U.K.

Benzinga

Credit Suisse Slashed Price Targets On Google, Meta Ahead Of Quarterly Earnings

Credit Suisse analyst Stephen Ju slashed the price targets on two Big Tech companies ahead of their quarterly earnings.

Benzinga

This Plot Of Digital Land Just Sold For $15,642 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $15,642, which is 3.00x the current floor price of 1.7 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

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Benzinga

Inflation And Tech Earnings Set To Rattle Many Markets Next Week

Next week, the largest market events will centre on inflation, with Australia and the European Area updating the market as to their respective rising consumer prices. Wednesday, April 27, 2022 Australia Inflation Rate YoY Q1

Benzinga

Meta Platforms Whale Trades For April 21

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:FB) we detected 64 strange trades.

Benzinga

Google, Facebook Restrict Social Media Presence Of Hong Kong's Leadership Candidate

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms Inc (NASDAQ: FB) have restricted the social media presence of former Hong Kong security chief John Lee due to U.S. sanctions, the Financial Times reports. Google-owned video streaming platform YouTube suspended Lee’s campaign channel, while Meta’s Facebook and Instagram banned payment services by the former official despite…

Axios

States’ next tech target: Regulating online speech

A former Facebook executive has a plan to help state lawmakers pass rules that work.

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Benzinga

KeyBanc's Take On Alphabet, Trade Desk, Meta, Pinterest, Snap Ahead Of Quarterly Earnings

KeyBanc saw another volatile advertising earnings season as inflation and macro pressures weighed on advertising budgets.

Benzinga

Metaverse Land Just Sold For $56,970 (27,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $56,970, which is 6.90x the current floor price of 2.692 Ethereum (CRYPTO: ETH) ($56,970 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…

Input

The 8 most important VR games coming to Quest 2 in 2022

Meta showed off several games launching on Quest 2, including Among Us VR, NFL Pro Era, Moss: Book II, updates to Resident Evil 4, and more.

The Independent UK

Parents sue Facebook, Instagram and Snapchat claiming they caused teenage son’s suicide through ‘addictive design’

The family of Christopher ‘CJ’ Dawley allege that their son developed a social media addiction that led to his death

Benzinga

What's Going On With Meta Platforms Stock?

Meta Platforms Inc (NASDAQ: FB) shares are trading significantly lower Wednesday.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 20, 2022

Upgrades

Benzinga

10 Biggest Price Target Changes For Wednesday

Pivotal Research cut Netflix, Inc. (NASDAQ: NFLX) price target from $550 to $235. Netflix shares dipped 27% to $254.64 in pre-market trading.

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