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ETtech Explainer | Meta’s $17.1 billion toll shifts focus from content to product designMeta is now dealing with a substantial settlement in the United States in response to mounting child safety issues. This agreement is the r...- Meta removes ads for fraud apps posing as porn after India sounds alarmThe government said ads on Facebook and Instagram operating under names such as "Night Play" and "Kyss" directed users to phishing websit...
- Explained | Settlement requires Meta to check young users' ages: How will that work?Here is a look at what Meta said it will do to ensure that users are as old as they say they are, and some of the legal issues that could c...
- Meta defeats Instagram shopping monopoly lawsuit for nowUS Magistrate Judge Virginia DeMarchi in San Jose, California, on Friday dismissed claims brought by London-based Ollywan, which had allege...
- Snap sees opportunity as Indian advertisers look beyond Google, Meta: CBO Ajit MohanAdvertisers are looking beyond Google and Meta as concerns over dependence on the two platforms grow, Snap’s Ajit Mohan told ET. Snapchat h...
- Matt Deitke rejected Meta’s $125 million AI offer, but Mark Zuckerberg personally stepped in with a staggering $250 million package to bring the 24-year-old researcher to Meta’s Superintelligence LabAI prodigy Matt Deitke, 24, reportedly rejected Meta’s $125 million offer before CEO Mark Zuckerberg personally stepped in. Meta then raise...
- Inside Meta’s Project OT that could have cut some teams by 60% and why Mark Zuckerberg scrapped itMark Zuckerberg, the CEO of Meta, set out with Project OT to create an AI-driven future for the company, proposing substantial team reducti...
- EU waiting on Meta's proposals to limit addictive designs: CommissionThe EU is pressing Meta to curb addictive social media designs and strengthen screen-time management and parental controls.
- Meta's social media settlement leaves its money machine unscathedWhile the headline figure is among the largest ever settlements paid by a technology company, it is unlikely to strain a business that earn...
- 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...
- Poland asks EU to fine Meta €250 million, urges action against scams and false adsIn a letter to the European Commission that tests conducted by CERT Polska, the national cybersecurity incident response team, found 122 ad...
- 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...
- Meta settlement puts social media industry on notice: 'There will be more'Wednesday's historic settlement between Meta and dozens of US states could be just the start of a wave that will ripple across the social m...
- 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...
- Mark Zuckerberg had a bold plan to replace Meta staff with AI. Here's how it imploded.Meta considered cutting some teams by as much as 60% under an AI-driven restructuring plan, Reuters reported. The company ultimately cut 10...
- 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...
- Instagram chief admits Meta omitted weak teen safety tool uptakeAdam Mosseri, who oversees Instagram at Meta, admitted in a California court on Tuesday that he touted newly launched safety tools for teen...
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