Meta Platforms Stock News

Investors should look beyond the social media giant''s recent troubles and consider the long-term picture.

Instead of pursuing the metaverse, the companys new head of global affairs should address the surveillance business model that has done so much harm When the former British deputy prime minister Nick Clegg joined Facebook in 2018, the company was immersed in a number of scandals. Cambridge Analytica had been harvesting personal data from Facebook profiles. UN human rights experts said the platform had played a role in facilitating the ethnic cleansing of the Rohingya in Myanmar. Its policies during the 2016 US presidential election had come under fire. Now Clegg has taken a top role as the companys president of global affairs . Will he be able to tackle the seemingly endless problems with the way that Facebook which recently rebranded as Meta works? For better or worse, Meta and Google have become the infrastructure of the digital public sphere . On Facebook, people access the news, social movements grow, human rights abuses are documented and politicians engage with constituents.

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The shares are coming off their lowest close since May 2020, and are down more than 45 percent from a September peak. Over its life as a publicly traded company, Facebook parent Meta Platforms Inc. has repeatedly demonstrated an ability to rebound after earnings disappointments or various controversies have weighed on the stock. Not this time. The …

Meta – the U.S.-based parent company of Facebook and Instagram – confirmed it is in talks with federal officials

Trudeau begins crackdowns in Canada with Tamara Lich, freedom convoy organizer, arrested by Ottawa police, Kamala Harris heads to Europe to meet with allies over tensions with Ukraine, meanwhile Jeren Miles, Facebook manager of community development, was allegedly caught in a child sting, and

The S&P 500 is off almost 9% for the year-to-date, but the biggest decliners in the main benchmark of U.S. equity performance are faring far, far worse. From small, somewhat obscure members of the index to the planet''s best-known and biggest stocks, the S&P 500''s most beaten-down names do have at least a few commonalities. SEE MORE The 22 Best Stocks to Buy for 2022 For one thing, they''re all well into bear-market territory , down at least 27% on a price basis for the year-to-date. Some of these stocks are suffering the flip side after having been among last year''s biggest winners. Any number of stocks that rallied as pandemic or COVID-19 recovery plays in 2021 have seen much of their gains evaporate this year. Additionally, inflation, interest-rate anxiety and geopolitical tension have been particularly hard on pricey growth stocks in 2022. The tense background and shift in sentiment has made for an unusually punishing earnings season. Woe to any company that misses Wall Street estimates – or worse – issues downbeat guidance.

Meta has fired its Manager of Community Development, Jeren Andrew Miles, who allegedly sent sexually explicit texts to a 13-year-old boy and planned to meet up with him at a later date. According to Post Millennial, the high-level staff was caught during an amateur undercover sting operation in Columbus, Ohio, with a video of the encounter […] The post Meta fires gay Facebook executive caught in child sex sting appeared first on . .

What happened: Virtual land tokenized as an NFT just sold for $18,606, which is 1.85x the current floor price of 3.6 Ether (CRYPTO: ETH ). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse. Land in Decentraland and The Sandbox skyrocketed after Facebook''s rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the … Full story available on Benzinga.com

What happened: Virtual land tokenized as an NFT just sold for $124,323, which is 12.36x the current floor price of 3.6 Ether (CRYPTO: ETH ). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse. Land in Decentraland and The Sandbox skyrocketed after Facebook''s rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the … Full story available on Benzinga.com

Facebook parent company Meta has announced it will be implementing a ''fact checking'' service in its messaging platform WhatsApp

Facebook parent company Meta has announced it will be implementing a ''fact checking'' service in its messaging platform WhatsApp, in order to counter so-called ''fake news'' during the upcoming French presidential election.

Meta Platforms Inc (NASDAQ: FB ), the parent company of Facebook, has confirmed that Jeren A. Miles, a manager of global community development, is no longer employed by the company, TechCrunch reports . A video went viral on YouTube , which was then reposted on

Meta''s Facebook has expanded its trial team in Washington, D.C., federal court, adding a pair of lawyers from Davis Polk & Wardwell as the social media company prepares to fight the U.S. Federal Trade Commission''s antitrust claims.

Facebook Fires Exec Allegedly Caught In Child Sex Sting Authored by Katie Daviscourt via The Post Millennial (emphasis ours), A high-level Facebook staffer was allegedly caught soliciting a minor for sex during an amateur undercover sting operation in Columbus, Ohio . The video of the encounter was posted to the YouTube channel "Predator Catchers Indianapolis" on February 16. Jeren Andrew Miles, 35, of Palm Springs California, allegedly sent sexually explicit texts to a 13-year-old boy and made plans for the boy to meet him at Le Meridien Columbus hotel. Miles was the Manager of Community Development at Meta/Facebook until a spokesperson from the company confirmed to the The Daily Caller that Miles is "no longer with the company." According to the video, the anti-pedophile activist group busted Miles at the hotel where he then agreed to give an interview. This is so wild. Facebook/Meta''s Manager of Community Development, Jeren A. Miles, was allegedly caught in an amateur child sex sting.