Searched for
FACEBOOK AND INSTAGRAM
Meta’s $17.1 billion settlement puts Instagram and Facebook on a digital bedtimeMeta has agreed to pay up to $17.1 billion to settle a multistate lawsuit alleging Facebook and Instagram were designed to hook children, w...
Time limits to midnight cutoff: What Meta's $18 billion deal changes for teensMeta Platforms agreed to a significant $18 billion settlement with 48 US states. This historic deal mandates substantial changes to protect...
Meta settlement opens new front in global fight over social media harmMeta's up to $18 billion settlement with nearly 50 US states over social media harm to teenagers has opened a new front in a global governm...
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...
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...
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...
Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...
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...
Meta, US states weigh deal over claims it designed Instagram, Facebook to hook young users: ReportMeta Platforms and state attorneys general are discussing a potential mid-trial settlement. This lawsuit accuses the company of designing s...
Sunshine Pictures shares list at 10% premium over IPO priceThe IPO, which was open for subscription between August 18 and August 20, received a blockbuster response from investors, with the issue su...
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...
Teen drops landmark social media addiction case against Meta, Google, SnapA 15-year-old girl dropped her lawsuit against Meta, Google, and Snap Inc. She had alleged social media addiction and mental health issues....
Mark Zuckerberg encouraged growth over child safety, ex-Meta executive testifies at trialArturo Bejar, a vocal critic of Meta's safety record, made the allegation during his second day of testimony in a landmark trial over claim...
Former Meta engineer resumes testimony in landmark trial over social media's harm to young usersArturo Bejar, who worked at Meta from 2009 to 2015 before returning to the company as an independent contractor from 2019 to 2021, is the f...
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...
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...
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...