Meta Platforms Stock News

Mo Shaikh and Avery Ching , former members of Meta Platforms Inc’s (NASDAQ: FB ) Diem cryptocurrency project, have raised $200 million for their new crypto start-up Aptos. What Happened: In an announcement on Tuesday, Aptos said it had raised $200 million in a strategic round led by Andreessen Horowitz. The investment round also saw participation from several high-profile venture funds such as Coinbase Global Inc’s (NASDAQ: COIN ) Coinbase Ventures, Tiger Global , Multicoin Capital , and FTX Ventures . Aptos was created just four months ago as a new Layer 1 blockchain that aims to be the most “production-ready” blockchain in the world. Its founders … Full story available on Benzinga.com

As NFTs are all the rage these days, Facebook chief executive officer (CEO) Mark Zuckerberg is planning to let Instagram users mint non-fungible tokens (NFTs) on the social media platform

Incidentally, Facebook and Instagram joined TikTok just days after it the company took its TikTok rival Reels global. Last month, Facebook upped its ante on TikTok by launching its short-video platform Reels for all global users. Instagram Reels now has a presence in around 150 countries. The company also announced new monetisable features for advertisers on the platform.

Meta, formerly Facebook, CEO Mark Zuckerberg has been talking up nonfungible tokens (NFTs) at media and entertainment event in Texas.

The cheaper rates allow the BJP, Facebook''s largest political client in India, to reach more voters for less money.

Meta Platforms Inc (NASDAQ: FB) CEO Mark Zuckerberg said that the company is working on bringing non fungible tokens (NFTs) to its social media platform, Instagram.  What Happened: Zuckerberg,�

Meta Platforms Inc (NASDAQ: FB ) CEO Mark Zuckerberg said that the company is working on bringing non fungible tokens (NFTs) to its social media platform, Instagram. What Happened: Zuckerberg , at Austin’s South by Southwest Festival on Tuesday, was quoted by Engadget Senior Editor Karissa Bell as saying, "We''re working on bringing NFTs to Instagram in the near term." "I''m not ready to kind of announce exactly what that''s going … Full story available on Benzinga.com

In a world where barefaced lies are becoming all the more common, and social media propels them to new heights, fact checkers can help you sort fact from fiction online, writes Sushi Das.

What’s Facebook doing on TikTok? Scoping out the competition? DM’ing Charli? Recruiting beta testers? Buying ads? We’ll know soon enough because the social networking company just set up its own TikTok account, where it’s already amassed some 15.1K followers, as of the time of writing, despite not having posted any public videos. The account is […]

What’s Facebook doing on TikTok? Scoping out the competition? DM’ing Charli? Recruiting beta testers? Buying ads? We’ll know soon enough because the social networking company has set up its own TikTok account, where it’s already amassed some 15.1K followers, as of the time of writing, despite not having posted any public videos. The account is […]

The tech giant has joined Stop Scams UK, a body of businesses working to stop scammers.

SoftBank''s Masa Son Sees $25 Billion Evaporate Amid Crushing Tech Selloff The recent selloff in markets has been hard for a lot of investors, but SoftBank''s Masayoshi Son has probably seen more of his net worth evaporate than any other billionaire besides Facebook''s Mark Zuckerberg. According to Bloomberg , the SoftBank billionaire has seen his net worth fall by $25 billion over the past year, to just $13.5 billion today. While it doesn''t come close to the $70 billion he lost during the dotcom implosion, it''s still a massive sum. It looks like we were on to something back in 2019 when we posited that SoftBank might be the tech bubble era''s "short of the century". Of course, what''s even more problematic than Softbank''s paper losses is the firm''s loan-to-value ratio. During the good times, SoftBank leveraged up and used the money to invest in more tech stocks. Source: Bloomberg Now, the stocks that it has borrowed against - most notably the firm''s massive holdings in Alibaba, which has been one of the hardest-hit stocks during the selloff in Chinese stocks.

The Meta and Facebook founder laid out his NFT plans for Instagram on a South by Southwest panel.

FACEBOOK is being fined €17million by an Irish board for breaching GDPR privacy laws. The Irish Data Protection Commission held an inquiry into 12 notifications they received between June 7 2018 and December 4 2018. They found that Facebook’s parent company Meta Platforms did not have the appropriate measures in place to protect users’ data […]

Instagram parent Meta Platforms (FB) is working on bringing nonfungible tokens to the photo/video platform, CEO Mark Zuckerberg says