Meta has agreed to pay up to $17.1 billion to settle a multistate lawsuit alleging Facebook and Instagram were designed to hook children, w...

Meta Platforms agreed to a significant $18 billion settlement with 48 US states. This historic deal mandates substantial changes to protect...

Meta'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...

Meta will pay up to eighteen billion dollars to settle claims regarding child engagement. States alleged social media platforms enticed and...

Meta 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...

The 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 addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...

Adam 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 Platforms and state attorneys general are discussing a potential mid-trial settlement. This lawsuit accuses the company of designing s...

The IPO, which was open for subscription between August 18 and August 20, received a blockbuster response from investors, with the issue su...

Meta, which owns Facebook and Instagram, is being sued by a bipartisan coalition of states on allegations of deceiving the public and desig...

A 15-year-old girl dropped her lawsuit against Meta, Google, and Snap Inc. She had alleged social media addiction and mental health issues....

Arturo Bejar, a vocal critic of Meta's safety record, made the allegation during his second day of testimony in a landmark trial over claim...

Arturo 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...

Four lead states - California, Colorado, Kentucky and New Jersey - accused Meta of designing Facebook and Instagram to hook young users, fu...

Four lead states - California, Colorado, Kentucky and New Jersey - accuse Meta of designing Facebook and Instagram to hook young users, fue...

A groundbreaking federal trial has begun against Meta Platforms, with 29 US states alleging that the company intentionally designed its soc...