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META LEGAL BATTLES
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...- Meta, YouTube, TikTok face thousands of lawsuits in the US over kids’ mental health: What we knowMajor social media firms face thousands of lawsuits across the United States. These legal actions allege platforms are designed to addict y...
- ETtech Explainer: Meta's stop-start strategy for its open source AI modelsGlimmer, a 30-billion-parameter model, is much smaller than leading AI models from rivals and is designed for agentic tasks. It can run on ...
- Ola Electric's PLI woes; Paytm rides MDR hopesOla Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5.
- Buy, scan, destroy: AI firms are shredding millions of books to train their chatbotsAI companies are buying, cutting apart and scanning millions of physical books to train chatbots, according to a Washington Post report bas...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- Meta disregarded its own research on teen harm, Tennessee tells juryThe lawsuit, filed by Tennessee Attorney General Jonathan Skrmetti's office, seeks financial penalties and a court order directing Instagra...
- Udaan’s structured funding deal; Temasek pares Lenskart stakeHit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5.
- Instant help burn rises; TCS kicks off Q1 earningsInstant househelp startups are burning more cash to chase demand. This and more in today’s ETtech Morning Dispatch.
- ETtech in-depth: Pay Rs 99 via UPI, get access to Telegram’s privacy abuse economyTelegram has long been known as a place where pirated films, books, newspaper PDFs, exam material and banned content resurface quickly afte...
- Meta CSAM breach triggers calls for digital safety rules overhaulThe notice to Meta has put the spotlight on India’s intermediary liability framework, triggering the question whether it is equipped to dea...
- India issues stern notice to Meta over Instagram ads carrying child sexual abuse materialThe Indian government has issued a stern notice to Meta, demanding an explanation after reports surfaced of child sexual abuse material app...
- Ashwini Vaishnaw directs MeitY to summon Meta regarding Instagram ads promoting child sexual abuse materialIndia's IT Ministry has summoned Meta over allegations that Instagram ads promoted child sexual abuse material. Officials are also concerne...
- 'This could be a disaster': From Ankur Warikoo to Vijay Shekhar Sharma, why India's startup leaders are worried about Kunal Shah's first move at WhatsAppWhatsApp's new username feature, allowing users to connect without sharing phone numbers, has raised significant concerns about potential i...
- US Stocks: Meta shares drop 7% on fears US verdicts open door to deluge of lawsuitsMeta Platforms shares tumbled 7% after two verdicts found the social media giant liable for harm to young users. These rulings, totaling hu...
- Eminem’s publisher drags Meta to court over copyright violationEminem's publisher, Eight Mile Style, has sued Meta, the parent company of Facebook and Instagram, for allegedly infringing on the copyrigh...
- Facebook-parent Meta settles with Australia's privacy watchdog over Cambridge Analytica lawsuitAustralia's privacy regulator has been caught up in the legal battle with Meta since 2020. The personal data of 311,127 Australian Facebook...
- Meta-FTC privacy lawsuit: US federal judge rules against social media giantThe FTC proposed changing a settlement reached in 2019 which required Facebook to pay $5 billion. The FTC said it would tighten that to bar...
- Meta's Threads app might integrate branded content tools from Instagram to boost paid partnership opportunitiesInstagram's new platform Threads will include branded content tools, allowing influencers and marketers to collaborate on paid partnerships...
- Twitter may face difficulties showing Meta stole trade secretsIn a letter sent on Wednesday, Twitter alleged that Meta used its trade secrets to develop its new social media platform, Threads, and dema...
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