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The Latest Breaking News from Meta

This Is What Whales Are Betting On Meta Platforms

Someone with a lot of money to spend has taken a bullish 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

Benzinga Before The Bell: Meta Loses Key Metaverse Official, US Government To Cancel Free At-Home COVID Tests, Singapore Mulls Rules To Regulate Cryptocurrency Trading And Other Top Financial Stories Monday, August 29

CNBC No More Free COVID-19 At-Home Tests, Federal Government Says

Benzinga

Chile battles flood of 'half truths' as constitution vote nears

A Chilean constitution that bans private property and allows abortions in the ninth month of a pregnancy. Private companies counting votes. A flood of prisoners and recent migrants allowed to vote in the upcoming constitutional referendum.

Reuters

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Facebook-Cambridge Analytica data breach lawsuit ends in 11th hour settlement

Dramatic move shows Mark Zuckerberg ‘desperate to avoid being questioned over cover-up’, says Observer journalist

The Guardian - UK

If You Invested $1,000 In Meta Platforms And Twitter When They Banned Donald Trump, Here's How Much You'd Have Now

Former President Donald Trump was banned from several social media platforms in the wake of the Jan. 6, 2021 attack on the U.S. Capitol. Here’s a look at what’s next for Trump in the social media world and how investors would have done investing in social media stocks that banned…

Benzinga

Twitter and Meta took down pro-US propaganda campaign abroad, report says

The BBC reported that Twitter had identified the US and England as the possible country where the accounts had originated

The Independent UK

Meta’s next big VR headset is officially coming in October

Meta’s CEO Mark Zuckerberg confirmed the upcoming release while on Joe Rogan’s podcast.

Input

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Republicans demand Zuckerberg be called to Congress over Joe Rogan podcast revelations

‘This isn’t the weird smoking gun lots of people are making it out to be – also, it was Trump’s FBI!’

The Independent UK

Facebook parent culls large Proud Boys network from sites

Facebook parent Meta says it has removed a network of accounts linked to the Proud Boys, a far-right extremist group it banned in 2018

The Independent UK

Metaverse Makers: Animoca NFT Video Game Subsidiary Gets Epic Grant

Grease Monkey Games, an Australian subsidiary of blockchain video game maker Animoca Brands, received a MegaGrant from Cary, N.C.-based creators of Fortnite and Epic Games. Grease Monkey will use the grant to support its Torque Drift 2 motor sport game, which is currently under development. It's the latest step in…

Investors Business Daily

Wealthy investors ‘are backing the metaverse’

Nine in ten High Net Worth Individuals (HNWI) now invest in digital assets such as cryptocurrencies or land in the ‘metaverse’, according to research.

Evening Standard

Meta, Twitter bust ‘deceptive’ pro-US influence campaign: report

Fake accounts promoted pro-Western narratives while trying to discredit China, Russia and Iran, researchers say.

Al Jazeera

What was wrong with Facebook yesterday? Users thought they'd been hacked after Meta's 'configuration change'

Thousands of confused users began reporting the glitch yesterday afternoon. Here's what happened and what the company had to say about it.

ABC News

Who'll establish ethical norms for the metaverse?

The "metaverse" isn't here yet, and when it arrives it will not be a single domain controlled by any one company. Facebook wanted to create that impression when it changed its name to Meta, but its rebranding coincided with major investments by Microsoft and Roblox.

Bangkok Post

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Tribune News Service

Meta removes fake accounts tied to pro-US influence campaign

A covert online persuasion campaign to cast the U.S. and its allies in a positive light in the Middle East and Central Asia — as well as to bash its adversaries — was disrupted by Meta Platforms Inc. and Twitter Inc., which have removed the “inauthentic” accounts from their platforms,…

The Hindu

U.S. bill strengthens digital news publishers’ right for revenue sharing with Big Tech

A revised version of the bill was tabled by bipartisan senators in the United States on Wednesday that strengthens the stance for digital news publishers to negotiate with Big Tech companies for sharing revenues that entail the use of their content.

WEKU

Facebook users reporting celebrity spam is flooding their feeds

Meta, the parent company of the social media platform, says a configuration change caused the issue with users' feeds early Wednesday morning.

Benzinga

Benzinga Before The Bell: Top Amazon Seller Succumbs To Economic Meltdown, Twitter To Tackle Toxic Content, Spam Bots, Bed Bath & Beyond Secures Loan Deal As It Tries To Stay Afloat And Other Top Financial Stories Wednesday, August 24

CNBC Top Amazon Seller Succumbs To Economic Meltdown

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Chronicle Live

Facebook users hit with 'weird' glitch that sees their feeds spammed with celebrity messages

The issue is affecting thousands of social media users around the world as Meta said it is working to fix things 'as quickly as possible'

Dublin Live

Facebook users baffled by celebrity posts glitch on their newsfeeds

Posts to celebrity pages are unknowingly popping up on people’s screens

The Guardian - AU

TikTok can track users’ every tap as they visit other sites through iOS app, new research shows

Researcher says social media app can collect keystroke information but ‘there is no way for us to know’ if or how data is used

Tribune News Service

Meta learned via a tweet of FTC’s surprise suit to block vr deal

Meta Platforms Inc. learned that the US Federal Trade Commission was suing the company over one of its smaller acquisitions via a Twitter post.

Investors Business Daily

Metaverse Makers: Avatar Creator Raises $56M; Animoca Subsidiary Lands Epic Grant

Avatar creator raises $56M from VC firms, celeb investors. An Animoca subsidiary lands an Epic Games grant for its NFT game

Benzinga

Meta Platforms Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:META) we detected 61 strange trades.

Input

You may actually be able to find a PS5 by the time Sony’s PS VR2 launches

Sony has officially set the launch window for its VR headset as "early 2023," avoiding the introduction of Meta’s new headset.

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