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The Latest Breaking News from Meta

Editorial: Facebook flops and The New York Times buys a puzzle. What’s going on?

On Thursday, stock in Meta Platforms Inc., formerly known as Facebook, cratered a stunning 26% in a single trading day. And last Monday, The New York Times announced it had purchased a quirky but addictive puzzle named Wordle for a sum in the “low seven figures.”

Chicago Tribune

Facebook Owner Meta Adds Tool to Guard against Harassment in Metaverse

Facebook Owner Meta Adds Tool to Guard against Harassment in Metaverse

Facebook's parent Meta Platforms said on Friday it is launching a tool for people using its virtual reality (VR) social platforms to maintain personal space boundaries, as concerns have mounted about user safety and sexual harassment in the metaverse, Reuters reported. Its new "personal boundary" tool will make users feel…

Asharq Al-Awsat

Mother sues Facebook and Snapchat over 11-year-old daughter’s ‘extreme addiction’ before her suicide

Mother sues Facebook and Snapchat over 11-year-old daughter’s ‘extreme addiction’ before her suicide

Tammy Rodriguez claims social media platforms contained ‘defective design, negligence and unreasonable dangerous features’

The Independent UK

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Mother sues Meta and Snap over 11-year-old daughter’s ‘extreme addiction’ before her suicide

Tammy Rodriguez claims social media platforms contained ‘defective design, negligence and unreasonable dangerous features’

The Independent UK

Instagram Reels Vs. TikTok Vs. YouTube Shorts Vs. Snapchat Spotlight: How Social Video Apps Stack Up

The popularity of user-generated, short-form video is increasing with many factors working in its favor. The limited video format highlights a person's creativity as they showcase educational, informative or entertaining content while using filters, editing tools and incorporating sound and music. The end result can often go viral.

Meta rivalry with Apple inflamed as Facebook parent company share price plummets

Zuckerberg blames ‘headwinds’ from Apple’s new iOS and changes in privacy for the record drop in value

The Guardian - US

Metaverse Land Just Sold For $64,873 (23,420 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $64,873, which is 4.83x the current floor price of 4.5467295 Ethereum (CRYPTO: ETH) ($64,873 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…

inkl

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Virtual Land Just Sold For 6 ETH In The SandBox

Virtual Land Just Sold For 6 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $19,211, which is 1.67x the current floor price of 3.89 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 9 ETH In The SandBox

Virtual Land Just Sold For 9 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $29,201, which is 2.54x the current floor price of 3.89 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Virtual Land Just Sold For 10 ETH In The SandBox

Virtual Land Just Sold For 10 ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $29,556, which is 2.57x the current floor price of 3.89 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Michael Hiltzik: A flailing Mark Zuckerberg wants Facebook to pivot to video — again

If the old saw is true about insanity defined as doing the same thing over and over again and expecting a different result, what are we to think about Mark Zuckerberg's latest idea to save his company?

Los Angeles Times

Meta to bring in mandatory distances between virtual reality avatars

Meta to bring in mandatory distances between virtual reality avatars

Move follows warnings Mark Zuckerberg’s plan for metaverse could lead to increased online harassment

The Guardian - UK

Jim Cramer Highlights Key Differences Between Meta And Amazon Following Earnings

Jim Cramer Highlights Key Differences Between Meta And Amazon Following Earnings

Meta Platforms Inc (NASDAQ: FB) appears to be the clear loser of the FAANG stocks this earnings season, while Amazon.com Inc (NASDAQ: AMZN) has emerged as one of the big winners.

Better Buy for 2022: Facebook vs. Snap

Better Buy for 2022: Facebook vs. Snap

Today I'll analyze and compare Meta Platforms (FB) and Snap (SNAP) to determine which social networking platform is currently a better buy.

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Mark Zuckerberg tearfully announces Facebook's pivot to video... again

The perfect strategy, really. What could go wrong?

Expert Ratings For Meta Platforms

Within the last quarter, Meta Platforms (NASDAQ:FB) has observed the following analyst ratings:

EXCLUSIVE: Gemini's 1 Billion User March to the Metaverse

Interview with Griffin Cock Foster, Co-Founder of Nifty Gateway, on Gemini/Nifty metaverse goals. The challenge of any technology that has nearly limitless potential in form and function, like the Metaverse, is defining what is hype and what is reality

Benzinga's Top Ratings Upgrades, Downgrades For February 4, 2022

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Meta Agrees To Pay $2M Penalty To British Regulator

Britain's Competition and Markets Authority penalized Meta Platforms Inc (NASDAQ:FB) £1.5 million ($2 million) over new issues regarding its purchase of Giphy, Reuters reports. The CMA ordered Meta to sell animated images platform Giphy, which Mark Zuckerberg-led Facebook had acquired for a reported $400 million in May 2020, after concluding that remedies offered…

The Times of India

A woman shares how 3-4 male avatars virtually gang raped her avatar in metaverse! Here is what we need to know about metaverse and mental health

"A virtual-reality space in which users can interact with a computer-generated environment and other users is metaverse," defines Oxford Language dictionary.

Evening Standard

Facebook’s owner Meta sees its biggest ever market loss

Facebook’s owner Meta has seen its biggest ever market loss, to the tune of $230bn (£169bn).

Meta fined by UK watchdog again over enforcement order breaches

Facebook's parent company has been told to pay a £1.5m fine for failing to alert the Competition and Markets Authority of a personnel change

Could The Meta Platforms Meltdown Continue?

Shares of Meta Platforms Inc (NASDAQ: FB) plummeted more than 26% after the Facebook parent reported disappointing fourth-quarter results and issued weak guidance.

Jim Cramer Says Facebook-Parent Meta Has Become Undervalued But Here's Why You Should Wait Further To Buy

CNBC host Jim Cramer said investors wanting to buy Meta Platforms Inc. (NASDAQ: FB) stock should wait for the stock to find a bottom as institutional selling is extensive.

‘Unprecedented moment’: Why Facebook is declining and what it means for social media

Billions have been wiped off the value of Facebook as a declining usership, risky investments, and damaged reputation has people running scared.

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