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The Latest Breaking News from Meta

This Plot Of Digital Land Just Sold For $23,543 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $23,543, which is 2.67x the current floor price of 3.0 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Benzinga

Is Mark Zuckerberg A Robot? Here's How He Was Put To The Test

In a 2019 interview with NBC News, Meta Platforms (NASDAQ: FB) CEO Mark Zuckerberg admitted he “comes across as robotic” when he communicates with Meta staff.

Benzinga

Ukrainian governor says Russian air strike that hit two schools killed 22 people — as it happened

At least 22 people have been killed as a Russian air strike hits two schools and private houses in Chernihiv, in Ukraine's north. Look back on our blog as it happened.

ABC News

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Mark Zuckerberg Wants New and Better Networks For Metaverse Ambitions

Facebook parent Meta Platforms Inc (NASDAQ: FB) will not realize its "metaverse" ambitions without drastic improvements in current telecoms networks,

Benzinga

Facebook Apps Can Make People Lonelier, Internal Research Says

Meta Platforms Inc (NASDAQ: FB), which aimed to help people connect online, has discovered through internal research that its products can just as quickly have an isolating effect,

Benzinga

Here's Why Morgan Stanley Slashed Facebook Parent Meta's Price Target by 10%

Morgan Stanley analyst Brian Nowak lowered the price target on Facebook parent Meta Platforms Inc (NASDAQ:FB) to $325 from $360 and reiterated Overweight. The price target implies an upside of 59.7%. Nowak noted lower near-term monetization of Reels. Benchmark analyst Mark Zgutowicz harbored similar feelings and therefore initiated coverage on the stock with a Hold and without any…

Benzinga

Facebook, Apple, Google Ban Their Products and Services In Russia

Meta Platforms Inc (NASDAQ: FB) globally demoted content from Russian state-controlled media outlets' Facebook pages, Instagram accounts, and posts containing links to those outlets on Facebook,

Benzinga

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Has Big Tech finally picked a side in Russia’s war on Ukraine?

It’s not just tanks, it’s technology on the frontline. Interventions like banning state-affiliated media and providing satellite internet are causing chaos for the enemy, says Chris Stokel-Walker

Evening Standard

TechScape: How the internet became a key front in Russia’s invasion of Ukraine

Google, Meta, Twitter, TikTok (and Elon Musk, obviously) have been dragged into the conflict

The Guardian - UK

Nick Clegg has the power now to right Facebook’s wrongs. This is how he should do it

The former UK politician must act to end the company’s profit-driven cycle of tearing societies and democracies apart, says Facebook whistleblower Frances Haugen

The Guardian - UK

Meta rejects Craig Kelly’s demand to suspend factchecking on Facebook during election campaign

United Australia party leader tells parliamentary committee Facebook enforcing its community standards on politcians’ posts is ‘foreign interference’

The Guardian - AU

Russia-Ukraine war: Military campaign on the ground, perception war online

On Saturday, February 26, while Russian troops bombarded Ukraine’s second-largest city Kharkiv, the country’s vice prime minister and minister of digital transformation Mykhailo Fedorov tweeted an appeal for donations in cryptocurrency. Reuters described this crypto crowdfunding appeal as “unprecedented”, pointing out that Ukraine’s online appeal for direct donations was the…

Newslaundry

What 21 Analyst Ratings Have To Say About Meta Platforms

Analysts have provided the following ratings for Meta Platforms (NASDAQ:FB) within the last quarter:

Benzinga

Josh Brown Books Profit On Meta Trade: Which 'Falling Knife' Will He Try To Catch Next?

During market corrections, Ritholtz Wealth Management's Josh Brown likes to place limit orders to buy stocks, or catch falling knives, at specific levels below where the stocks are trading

Benzinga

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Reuters

Facebook, Instagram globally demoting posts from Russian state media -Meta

Meta Platforms is globally demoting content from Russian state-controlled media outlets' Facebook pages and Instagram accounts, as well as posts containing links to those outlets on Facebook, the company's head of global affairs said on Tuesday.

Reuters

German court rules against online hate-speech law

A German court ruled on Tuesday against a new law that obliges social media firms to block or delete criminal content and report particularly serious offences to the police, handing a partial victory to complainants Google and Meta.

Benzinga

Here's Why Benchmark Feels That Meta's Advertising Problem Is 'Getting Worse, Not Better'

Meta Platforms Inc (NASDAQ: FB) has an advertising problem "getting worse, not better" as Benchmark initiated coverage on the Mark Zuckerberg-led company.

The Conversation

College could take place in the metaverse, but these problems must be overcome first

Higher education in the United States is in trouble. Spiraling tuition costs and a student debt crisis threaten to make college unaffordable to all but the wealthy.

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Asharq Al-Awsat

Google, Meta Face Penalties in Russia as Deadline Passes to Open Local Offices

Alphabet Inc's (GOOGL.O) Google and Facebook owner Meta Platforms Inc (FB.O) are among internet companies facing possible punitive measures in Russia after failing to open local offices and take other measures required by a communications law. Russian legislation signed by President Vladimir Putin has obliged foreign social media companies with…

Reuters

Russia reinstates Twitter slowdown, says Meta, Google are 'instigators of war'

Russia cracked down on social media companies on Tuesday, reinstating a slowdown of Twitter traffic on computers, as a foreign ministry official accused Meta, Google and other Western tech giants of inciting war.

The Independent UK

Big tech grapples with Russian state media, propaganda

Russia's invasion of Ukraine is forcing big tech companies to decide how to handle state-controlled media outlets that spread propaganda and misinformation on behalf of the invaders

Al Jazeera

Facebook to restrict access to Russian state media outlets in EU

Meta’s head of global affairs says company will limit access to RT and Sputnik in EU amid Russian attack on Ukraine.

Benzinga

Meta Platforms Whale Trades Spotted

Someone with a lot of money to spend has taken a bearish stance on Meta Platforms (NASDAQ:FB). 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.

The Independent UK

Meta will restrict access to Russian state media outlets RT and Sputnik across the EU, Nick Clegg says

Meta, parent company of Facebook, will restrict access to Russian state media outlets RT and Sputnik across its platforms in the European Union.

Los Angeles Times

Gaming has led the metaverse, but NFTs pose new ethical challenges. The DICE Summit discussions

The possibilities — and the responsibilities — of an all-encompassing digital world such as the metaverse dominated talk at this year's D.I.C.E. Summit, a gathering of gaming industry professionals in Las Vegas that stood as the medium's first major in-person conference since the start of the pandemic.

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