What Meta agreed to in US teen safety settlementMeta will pay up to eighteen billion dollars to settle claims regarding child engagement. States alleged social media platforms enticed and...
26 Aug, 2026, 11.09 PM IST
US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia resultsUS stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, li...
26 Aug, 2026, 09.54 PM IST
Meta shares hit 5% intraday high after $16.68 billion settlement over alleged harm to young usersMeta shares hit a 4.96% intraday high after the company agreed to pay up to $16.68 billion to settle claims that Facebook and Instagram har...
26 Aug, 2026, 08.17 PM IST
Meta reaches $16.68 billion settlement over social media harms to childrenThe deal was reached during a California federal court trial over claims brought by 29 states, averting one of the highest-profile tests ye...
26 Aug, 2026, 07.18 PM IST
Instagram head Adam Mosseri, at children's addiction trial, says few teenagers knew of safety featureAdam Mosseri, the head of Instagram since 2018, denied any suggestion by U.S. states suing Meta that Instagram stalled by not making the "T...
26 Aug, 2026, 01.22 PM IST
From Australia to Europe, countries move to curb children's social media accessBelow is a summary of what countries and companies are doing to regulate access to social media amid mounting concerns over the impact of s...
24 Aug, 2026, 10.12 AM IST
What if Meta loses trial? Penalties may top $1.4 trillion, matching its market capMeta, which owns Facebook and Instagram, is being sued by a bipartisan coalition of states on allegations of deceiving the public and desig...
21 Aug, 2026, 09.34 AM IST
Sunshine Pictures IPO Day 3: GMP points to 21% listing gain, issue subscribed 105 timesSunshine Pictures IPO Day 3: Sunshine Pictures IPO received strong investor interest, achieving 105.81 times subscription on its final day....
20 Aug, 2026, 06.27 PM IST
Sunshine Pictures IPO Day 2: GMP signals 21% listing gain, issue subscribed 4.33x. Should you apply?Sunshine Pictures IPO has captured the attention of investors on its second bidding day, showcasing impressive demand. Reports indicate it ...
19 Aug, 2026, 01.06 PM IST
Meta rejects claims it sought to hook children to Facebook, Instagram as landmark trial beginsFour lead states - California, Colorado, Kentucky and New Jersey - accused Meta of designing Facebook and Instagram to hook young users, fu...
19 Aug, 2026, 12.26 PM IST
Meta rejects allegations it sought to hook children as landmark trial beginsFour lead states - California, Colorado, Kentucky and New Jersey - accuse Meta of designing Facebook and Instagram to hook young users, fue...
19 Aug, 2026, 01.27 AM IST
Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...
18 Aug, 2026, 07.54 PM IST
29 states in US want Meta to change how Facebook and Instagram operate and give $1.4 trillion penalty; the case now threatens Mark Zuckerberg's AI planA groundbreaking federal trial has begun against Meta Platforms, with 29 US states alleging that the company intentionally designed its soc...
18 Aug, 2026, 04.22 PM IST
SC issues notice to Centre on PIL for restraining police from revealing identity of accused onlineThe Supreme Court has sought responses from the Centre and states. Social media platforms Meta and X were also issued notices regarding the...
18 Aug, 2026, 12.32 PM IST
A look at major lawsuits against Meta, other social media companies over harms to kidsIn a federal trial beginning Tuesday in Oakland, California, the Instagram and Facebook parent company is fighting claims that it has contr...
18 Aug, 2026, 10.40 AM IST
Sunshine Pictures IPO opens for subscription: Check GMP, price band and other key detailsThe Sunshine Pictures IPO opens for subscription on August 18, 2026, with the Rs 282.14 crore issue set to remain open until August 20. The...
18 Aug, 2026, 09.53 AM IST
Meta, 29 states head to court in biggest test yet of youth social media litigationThe trial in Oakland, expected to last seven weeks, will test Colorado, Kentucky, California and New Jersey's allegations that Meta designe...
12 Aug, 2026, 05.29 PM IST