Meta introduced Meta One, a new global subscription service spanning Instagram, Facebook, WhatsApp, and Meta AI. Plans range from $2.99 monthly for single products to $499 for enterprise tiers, direc…
Meta settled teen-safety lawsuits with U.S. states by agreeing to new usage limits and parental controls. Additionally, Meta's 9.98% stake in Jio Platforms was highlighted ahead of Jio's ₹37,700 cror…
Major corporations, including META and PLTR, are hedging against a potential shift in congressional power by courting Democrats and preparing for possible investigations due to their past ties with T…
Meta Platforms fell nearly 1% after agreeing to pay up to $18 billion in a multibillion-dollar youth-safety settlement with U.S. states. This settlement includes usage limits for teenagers and expand…
Meta shares rose despite agreeing to pay up to $18 billion to settle claims regarding youth safety on its platforms. While this resolves major litigation and removes uncertainty, the significant fina…
Meta agreed to a landmark multistate settlement, paying up to $17.1 billion and changing Facebook and Instagram to address allegations of addictive design for minors. The agreement mandates usage lim…
Meta agreed to a settlement of up to $18 billion and platform changes to resolve lawsuits regarding harms to children. While the financial terms are manageable for the company, the new restrictions o…
Meta agreed to a $17 billion 10-year settlement with US states to resolve teen safety lawsuits, avoiding up to $1.4 trillion in potential damages. The agreement mandates strict youth usage limits and…
Meta Platforms is discussing a settlement with 29 state attorneys general regarding youth addiction lawsuits. Resolving the open-ended legal threat removes the overhang of a potential $1.4 trillion l…
Instagram chief Adam Mosseri testified in a federal trial that he does not direct employees to withhold information carrying legal risks for Meta, addressing ongoing legal scrutiny facing the company.
David Sacks and Meta CEO Mark Zuckerberg are advocating for open-source AI, arguing it fosters innovation and competition against closed models. While this aligns with Meta's strategy, the news itsel…
Tiger Global significantly reduced its stake in Meta, while institutional activity remained mixed. Additionally, Meta faces potential regulatory scrutiny in Australia regarding age-verification syste…
Meta is in preliminary talks to lease up to $10 billion in computing capacity to Anthropic, marking a potential strategic shift into the AI cloud market.