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META PLATFORMS TRIAL
Epstein accusers face relentless harassment; threats and intimidation escalate after identities exposed in Justice Department filesVictims of Jeffrey Epstein face severe threats and harassment. Their identities were exposed in government files, leading to online abuse a...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
US Supreme Court declined to hear Meta's challenge to Vermont social media addiction lawsuitThe US Supreme Court has refused to hear Meta's appeal. This allows a lawsuit against Meta's Instagram to proceed. Vermont's attorney gener...
Big Tech turns to Sesame Street, Girl Scouts to deflect scrutiny over kids' screen timeTech giants Meta and Google funded trusted children's brands to teach responsible tech use. This occurred even as their apps were designed ...
Elon Musk, Tim Cook and other prominent US executives invited to join Trump on trip to ChinaPresident Donald Trump embarks on a trip to China this week to meet President Xi Jinping. Several prominent US executives from technology a...
Mark Zuckerberg backed-Cellular Intelligence acquires Novo Nordisk's Parkinson's cell therapyLast October, Novo Nordisk had shut down its cell therapy unit as part of a broader restructuring, discontinuing development of the therap...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
New Mexico seeks $3.7 billion, changes to Meta platforms in youth harm trialNew Mexico is suing Meta Platforms, accusing it of harming young users. The state wants a judge to declare Meta's Facebook, Instagram, and ...
New Mexico seeks child safety restrictions on Meta apps and algorithms in trial's 2nd phaseNew Mexico prosecutors are demanding significant changes to Meta's social media platforms. This follows a jury verdict finding the company ...
Meta faces New Mexico trial that could force changes to Facebook, other platformsA New Mexico trial could force Meta to overhaul its social media platforms. The state accuses Meta of addicting young users and failing to ...
Facebook, Instagram, WhatsApp to undergo massive changes? Here's what Meta's latest court trial could doFacebook, Instagram, WhatsApp parent Meta said in court filings New Mexico plans to ask for $3.7 billion in damages to fund a 15-year menta...
Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
Explained: Why Meta shares crashed 7% in extended trading amid AI spending spreeMeta shares plunged 7% in extended trading as investors reacted to the company’s plan to sharply increase AI-related spending. The tech gia...
US Stock Market | Meta ramps up AI spending amid regulatory heat and user concernsMeta Platforms has sharply increased its capital spending outlook, underscoring its aggressive push into artificial intelligence even as it...
Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
Meta stock price, earnings and capital spending forecast: Meta revenue, layoffs, workforce changes, China deal setback, future outlook and investor concernsMeta stock price, earnings and capital spending forecast stayed in focus after Meta raised its capital spending outlook and reported strong...
Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
Microdrama apps chase telco bundles as subscription growth lags despite download surgeMicrodrama platforms are partnering with telecom operators to combat market fragmentation and boost subscriptions. With over 20 apps and si...
Consumer watchdog group files suit alleging Meta profited on ads for scamsConsumer Federation of America has sued Meta, accusing the social media giant of profiting from scam ads and misleading users about safety ...
Australian social media ban marred by weak platform checks, tech providers sayAustralia's teen social media ban faces enforcement challenges due to platforms' weak application of available age-checking tools, not tech...