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Meta Must Face Investor Suit
Meta Must Face Investor Suit After Supreme Court Drops Case
The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a multibillion-dollar lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica.
Supreme Court allows multibillion-dollar class action to proceed against Meta
Investors allege Meta did not fully disclose the risks that Facebook users’ personal information would be misused by Cambridge Analytica.
Supreme Court Dismisses Meta's Appeal to Block Multibillion-Dollar Suit
The U.S. Supreme Court dismissed Meta's appeal on Friday to block a multibillion-dollar class-action investors' lawsuit. The high court, who heard arguments in the case earlier this month, left in place an appellate ruling allowing the case to move forward.
2h
on MSN
Meta scrambles to respond to upstart social platform Bluesky’s surge
Threads, Meta’s answer to Elon Musk’s X, makes changes to incorporate features that have drawn millions to its much smaller ...
2d
Meta Finally Breaks Its Silence on Pig Butchering
The company gave details for the first time on its approach to combating organized criminal networks behind the devastating ...
4d
on MSN
Meta hires Salesforce’s CEO of AI, Clara Shih, to lead new business AI group
Meta hired Salesforce's CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta's ...
1d
on MSN
Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
The Supreme Court has dismissed an appeal from Facebook’s owner Meta Platforms of a lawsuit claiming it misled investors in ...
3d
on MSN
Meta Poaches Salesforce Exec to Build AI Business Tools
Meta, the parent company of Facebook and Instagram, has hired away Salesforce’s head of AI to run a new product group ...
2d
Meta gains steam in its push to make Apple, Google verify users’ ages
A campaign by social media giant Meta to force app store giants Google and Apple to verify the ages of their users is picking ...
NOLA.com
1d
What are AI data centers? Here's how the planned Meta facility in Louisiana could work.
Over the past several years, energy use by data centers has grown by 20% to 40% annually. Here's what that could mean for ...
6h
Best Black Friday VR headset deals: Meta Quest 3S, PSVR and more
Now that Meta's Quest 3S is here, the price of the Quest 3 has dropped significantly from $649 to $499. It's an excellent VR ...
4h
on MSN
Meta's Threads lagging Bluesky in attracting former X users after US election: report
Threads microblogging platform has been lagging startup Bluesky in luring users who have abandoned X after Donald Trump’s ...
NOLA.com
4d
Meta, Facebook's parent company, plans to build multi-billion dollar AI data center in Louisiana
Facebook parent Meta is planning an artificial intelligence data center in north Louisiana, a multibillion-dollar project ...
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