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The Latest Breaking News from Meta

Irish Watchdog Fines Meta 17 Mln Euros for Data Breach

Ireland's data regulator on Tuesday said it was imposing a 17 million euro ($18.7 million) fine on Facebook parent Meta Platforms after an inquiry into 12 data breach notifications the regulator received in 2018. The country's Data Protection Commissioner said it had found that "Meta Platforms failed to have in…

Asharq Al-Awsat

Meta To Hire 2K Employees Over The Next 5 Years In Spain

Facebook owner Meta Platform Inc (NASDAQ:FB) is looking to hire 2,000 people over the next five years in Spain, Reuters reports. The 2,000 employees will mainly staff the company's first 'lab,' a flexible base for its remote workers, in Madrid. Facebook will establish a Metaverse Innovation Hub with local telecoms firm Telefonica SA (NYSE:TEF). Spain…

Benzinga

Facebook parent company hit by 17 million euro fine by Irish regulator

In a statement on Tuesday, the DPC said that it had found that Meta had breached EU data protection rules.

The Independent UK

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Reversal Patterns For Meta Platforms (Facebook), eBay And Lululemon: Is The Bottom Forming?

eBay, Inc (NASDAQ: EBAY), Meta Platforms, Inc (NASDAQ: META) and Lululemon Athletica, Inc (NASDAQ; LULU) have created double bottom and triple bottom patterns on the daily chart.

Benzinga

Twitter hits back at anti-trolling laws during committee hearing

Another round of committee hearings into the anti-trolling bill has received further criticism from social media companies.

The Canberra Times

Facebook owner to help train Australian politicians, influencers in run-up to election

Facebook owner Meta Platforms will help train Australian political candidates on aspects of cyber security and coach influencers to stop the spread of misinformation in a bid to boost the integrity of an upcoming election, it said on Tuesday.

Reuters

Russian influencers cry over Kremlin’s decision to ban Instagram: ‘I shared my life, my work, and my soul’

Instagram’s parent company Meta was declared an ‘extremist organisation’ by Vladimir Putin’s government

The Independent UK

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Facebook's parent company Meta plans Australian election ramp-up as it prepares for rise in misinformation and threats against politicians

Facebook's parent company Meta will have dedicated staff monitoring the platform in the coming Australian federal election. But it's the safety of politicians that also has the company's attention.

ABC News

BofA Cuts Price Target On This Social Media Giant By 12%

BofA analyst Justin Post lowered Meta Platforms Inc's (NASDAQ:FB) price target to $290, down from $330, but reiterated a Buy. The price target implies an upside of 54%. Post noted that Russia's invasion of Ukraine would have a "modest impact" on advertising sales of the Facebook parent. Also Read: Deutsche Bank Still Finds Big Tech…

Benzinga

Facebook and Instagram users not allowed to call for death of Putin

Update from parent company Meta says ‘calls for the death of a head of state’ are banned

The Guardian - UK

Meta says Ukrainians can't wish for Putin's death on Facebook anymore

The company narrowed its guidelines on violent speech over the weekend. Whatever could have made them do that?

Input

Meta Prohibits Ukraine's Content Policy Calling For Death Of State Head

Meta Platforms Inc (NASDAQ:FB) narrowed its content moderation policy for Ukraine to prohibit calls for the death of a head of state, Reuters reports. Meta's internal post stated, "We are now narrowing the focus to make it explicitly clear in the guidance that it is never to be interpreted as condoning violence…

Benzinga

‘This is my life’: Russian influencers take stock after Instagram access blocked

For many Russian businesses, the social network was a leading platform for advertising and communicating with clients

The Guardian - UK

Meta narrows guidance to prohibit calls for death of a head of state

Facebook owner Meta Platforms said on Sunday that it is further narrowing its content moderation policy for Ukraine to prohibit calls for the death of a head of state, according to an internal company post seen by Reuters.

Reuters

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Al Jazeera

How a Reliance-funded firm boosts BJP’s campaigns on Facebook

Legal loopholes, selective use of rules allowed a Reliance company to pump in millions to promote the BJP in elections.

The Guardian - UK

Ukraine to launch NFT to mark history of Russian invasion

Digital assets will be used to fund war efforts and media activities

Asharq Al-Awsat

Instagram Users in Russia Told Service Will Cease from Midnight

Instagram users in Russia have been notified that the service will cease from midnight on Sunday after its owner Meta Platforms said last week it would allow social media users in Ukraine to post messages such as "Death to the Russian invaders". An email message from the state communications regulator…

Input

‘Snow Crash’ is a reminder that the metaverse could be chaotic good

Meta’s imagination is stunted by its many scandals. Its sterilized metaverse leaves little room for shock and awe.

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news in one place.

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Asharq Al-Awsat

Facebook Owner Defends Policy on Calls for Violence that Angered Russia

Facebook owner Meta Platforms said Friday that a temporary change in its content policy, only for Ukraine, was needed to let users voice opposition to Russia's attack, as Russia opened a criminal case after the company said it would allow posts such as "death to the Russian invaders." Russian prosecutors…

Al Jazeera

Russia to block Instagram over ‘death to invaders’ posting rule

Moscow opens criminal case into Instagram’s owner, Meta, for allowing posts calling for violence against Russian forces.

The Guardian - US

Employees of Meta, Facebook’s parent company, left to do their own laundry as perks get cut

Facebook parent company tells workers they will no longer receive free valet service and meals will be delayed

Reuters

Facebook owner defends policy on calls for violence that angered Russia

The Guardian - UK

Russia to block Instagram after Meta relaxes stance on Putin hate speech

Russia says social media platform has been used to incite ‘mass riots accompanied by violence’

Benzinga

Why Snap, Facebook, Roblox, Netflix And Roku Shares Are Falling

Shares of several companies in the streaming, gaming, social media sector, including Snap Inc (NYSE: SNAP), Meta Platforms Inc (NASDAQ: FB), Roblox Corp (NYSE:

Benzinga

Russia Files Criminal Lawsuit Against Facebook Parent Meta; Seeks To Designate As 'Extremist Organization'

Russia slapped a criminal case against Facebook's parent Meta Platforms Inc (NASDAQ:FB), Reuters reports. Meta changed its hate speech rules to allow users to call for "death to the Russian invaders" in the context of the war with Ukraine. Russian prosecutors asked a court to designate Meta as an "extremist organization." Related Content: Facebook, Apple, Google…

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