Meta and Google found liable in social media addiction trial
The companies were ordered to pay $3 million in damages to a 20-year-old woman who brought the lawsuit.
Meta
Instagram will alert parents if teens search for suicide, self-harm content
Meta is updating its child safety standards as countries across the globe consider social media bans for teenagers.
‘Delete that, or you will be held in contempt’: Judge blasts Zuckerberg’s team over Meta glasses
Zuckerberg is testifying in a lawsuit accusing Meta of operating platforms that are addictive and harmful to children.
Mark Zuckerberg passes Jeff Bezos for no. 4 richest as Meta stock soars on earnings beat
The company reported quarterly revenue that exceeded Wall Street’s expectations.
Meta does not hold monopoly, judge rules
The Federal Trade Commission sued the social media company in 2020, accusing it of maintaining a monopoly, years after it purchased competitors Instagram and WhatsApp.
Mark Zuckerberg drops to sixth-richest after Meta stock slides
A stock dip comes after Reuters reported Meta estimated a chunk of revenue would come from running fraudulent ads.
Meta laying off about 600 staff at AI Superintelligence Labs—Here’s what’s impacted
The layoffs will reportedly not impact the company’s division developing next-generation AI models.
Meta shares rise in premarket after it unveils new $799 AI smart glasses
CEO Mark Zuckerberg claimed the company’s new Meta Ray-Ban Display are “ideal form factor for personal superintelligence.”
Zuckerberg squandered his AI talent. Now he’s spending billions to replace it.
At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lacklustre. But Zuckerberg’s frenzied hiring spree hasn’t stopped the departures.
Meta Q2 revenue smashes Wall Street’s estimates in 10th-straight earnings beat
Wall Street expected double-digit annual increases for Meta’s revenue and EPS.