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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 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.
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 violation of the Securities Exchange Act.
53m
Meta scrambles to respond to upstart social platform Bluesky’s surge
Meta, the industry’s largest player, is moving fast to react to the upstart, adapting by incorporating popular features.
1d
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 ...
The Motley Fool on MSN
5h
1 Unstoppable Growth Stock That Could Join Nvidia, Apple, Amazon, Alphabet, Meta Platforms, and Microsoft in the Trillion-Dollar Club By 2040
It's hard to argue that point when looking at the list of trillion-dollar companies. Nvidia and
Meta
Platforms are still ...
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 ...
19h
on MSN
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 ...
7h
Meta reveals major crackdown on organized crime scams
In an effort to crack down on organized crime on its platform, Facebook and Instagram parent company Meta has taken down more ...
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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