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The Latest Breaking News from Meta

Businesses are touting the metaverse as a promising new opportunity to increase customer engagement and propel growth in the digital era.

Bangkok Post

Here's How Much You Would Have Made Owning Meta Platforms Stock In The Last 10 Years

Meta Platforms (NASDAQ:META) has outperformed the market over the past 10 years by 7.22% on an annualized basis producing an average annual return of 17.9%. Currently, Meta Platforms has a market capitalization of $441.97 billion.

Benzinga

Mukesh Ambani sets succession plan in motion by promoting his children

MUMBAI: Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries Ltd, naming two of his offspring as chiefs of key units in his $217 billion empire.

The Times of India

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3 Bargain Stocks Near 52-Week Lows to Buy and Forget

The lingering inflation and the Fed’s aggressive rate hikes are taking a toll on the market. However, we think it could be wise to buy and hold financially robust bargain stocks Meta Platforms (META), Micron Technology (MU), and Incyte (INCY), which are currently trading near 52-week lows. Keep reading….

StockNews.com

Walmart Continues To Consolidate Metaverse Presence With Latest Acquisition Of Memomi

Walmart Inc (NYSE: WMT) agreed to acquire Memomi, an augmented reality (AR) optical tech company. The financial terms of the transaction remain undisclosed. Memomi is a leading technology provider for enhancing virtual optical try-on experiences, helping customers virtually "try on" eyewear in real-time for a seamless, easy, and fun omnichannel experience. Since 2019, Memomi…

Benzinga

Benzinga Before The Bell: Tesla's Autopilot Layoff, TikTok Removal From App Stores, US Sanction On Russian Gold And Other Top Financial Stories Wednesday, June 29

CNBC

Benzinga

Developers Chide Meta For Exploiting Its Dominance To Charge For Metaverse Activities

Meta Platforms, Inc (NASDAQ: META) faced the heat over its metaverse activity fees, the Financial Times

Benzinga

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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: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

Tencent Targets Metaverse After Overseas Opportunities, EV To Drive Growth

Tencent Holding Ltd (OTC:TCEHY) acknowledged setting up a unit focused on exploring the space to tap multiple opportunities in extended reality (XR) technologies in the next 4-5 years, Reuters reports. Gaming chief Steven Ma disclosed that Tencent had set up an XR business line to combine hardware and software, betting on most…

Benzinga

Investors Seek More Transparent Tax, Disclosure Norms From Microsoft and Cisco

Britain-based proxy advisers Pensions & Investment Research Consultants (PIRC) sought more transparent tax and financial information from Microsoft Corp (NASDAQ:MSFT) and Cisco Systems, Inc (NASDAQ:CSCO), Reuters reports. The resolution urged Microsoft to disclose financial and tax information country-by-country outside the U.S. to help investors assess its fairness and identify any risks posed by tax reforms. It also…

Benzinga

I saw first-hand how US tech giants seduced the EU – and undermined democracy

Silicon Valley used opaque lobbying to weaken crucial new regulations. Firms like Google and Meta must be held to account

The Guardian - UK

Instagram and Facebook begin removing posts offering abortion pills

Social media posts ostensibly aimed to help women living in states where preexisting laws banning abortion suddenly snapped into effect last Friday.

WEKU

The ABC is turning 90. Here are five big trends that will shape its next decade

As the ABC's Innovation Lab hosts the first of a series of media industry symposiums in Sydney this week, Paul Donoughue gives an insight into how content, platforms and audience demands might change in the next decade.

ABC News

Social Media: Meta launches Instagram Reels APIs for developers

Reels APIs will be made available to a number of endpoints on the Instagram Platform for developers, according to a statement from Meta. Full story on Dynamite News:

Dynamite News

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The Independent UK

Instagram and Facebook remove posts offering abortion pills

Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who may not be able to access them following a Supreme Court decision that stripped away constitutional protections for the procedure

Benzinga

Elon Musk Passes 100 Million Subscribers On Twitter: Here's Where He Ranks Among Top Accounts

The world’s richest man has one of the most followed accounts on the social media platform Twitter Inc (NYSE: TWTR): Elon Musk passed a milestone Monday for his Twitter account.

Input

Facebook ads are targeting cancer patients with risky treatments

A report from 'MIT Technology Review' sheds light on Meta's struggle to prevent ads promoting pseudoscience.

Benzinga

How Significant Is Instagram's NFT Launch? What are the things you should look out for?

Earlier this month the head of Instagram, Adam Mosseri, announced that he will start beta testing NFT functions with a small group of users in the US. Mosseri also confirmed there will be no fees for posting or sharing NFTs on Instagram.

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Benzinga

Brands, Metaverse And NFTs: Why They Need Each Other And What Benefits They Can Get By This Collaboration

Fuad Fatullaev, Co-founder and CEO of WeWay ‒ a Web3 ecosystem for bloggers, celebrities, and media personalities The NFT and metaverse technologies are changing rapidly today, attracting more and more brands to unique projects that hold the potential to forever change the future.

StockNews.com

3 Blue-Chip Stocks Wall Street Predicts Will Rally By 50% Or More

As persistent macroeconomic issues are leading to massive volatility in the stock market, it has become difficult for investors to determine a reasonable entry point in stocks. Given this uncertainty, it could be worth watching blue-chip stocks Meta Platforms (META), Advanced Micro Devices (AMD), and Boeing Company (BA), which Wall…

Benzinga

This Plot Of Digital Land Just Sold For $3,293 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $3,293, which is 1.54x the current floor price of 1.95 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

RBC Capital Slashes Price Targets Of Meta, Alphabet, Pinterest, Amazon - Read Why

RBC Capital analyst Brad Erickson dove in deep with SMB-focused advertising agencies for near-term spending feedback and the ever-evolving competitive landscape across different ad channels.

Benzinga

Alec Baldwin To Interview Woody Allen On Instagram: What You Need To Know

Alec Baldwin is taking on the role of interviewer with actor/filmmaker Woody Allen, which will be presented on June 28 at 10:30 a.m. EDT on Baldwin’s Instagram page.

Evening Standard

How to be a CEO: Meta’s Steve Hatch on Facebook, the Metaverse and SMEs

The opening of the huge new office, and what that means for London

Reason

The Metaverse Is Already Here

How is virtual reality remaking our world?

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People

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