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Meta Must Face Investor Suit
Meta Must Face Investor Suit After Supreme Court Drops Case
The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a multibillion-dollar lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting firm Cambridge Analytica.
Supreme Court Dismisses Meta's Appeal to Block Multibillion-Dollar Suit
The U.S. Supreme Court dismissed Meta 's appeal on Friday to block a multibillion-dollar class-action investors' lawsuit. The high court, who heard arguments in the case earlier this month, left in place an appellate ruling allowing the case to move forward.
Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit
The Supreme Court has dismissed an appeal from Facebook’s owner Meta Platforms of a lawsuit claiming it misled investors in violation of the Securities Exchange Act.
Meta, Pig Butchering
Meta Finally Breaks Its Silence on Pig Butchering
The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.
Meta Says It Has Removed More Than 2 Million Accounts Linked to Pig-Butchering Scams
The accounts were traced to scam centers, mostly in Southeast Asia, that use forced labor to steal millions of dollars from victims around the world.
Meta Shuts Down 2 Million Accounts Tied to 'Pig Butchering' Scams
The accounts were linked to overseas 'scam centers' targeting users across the globe with fake cryptocurrency investments that serve only to steal your money.
4h
on MSN
Meta scrambles to respond to upstart social platform Bluesky’s surge
At Bluesky, the social media start-up that has been adding 1 million users a day since X owner Elon Musk won his all-in bet on President-elect Donald Trump, the company’s 20 full-time employees have ...
The Motley Fool on MSN
47m
1 Unstoppable Growth Stock That Could Join Nvidia, Apple, Amazon, Alphabet, Meta Platforms, and Microsoft in the Trillion-Dollar Club By 2040
It's hard to argue that point when looking at the list of trillion-dollar companies. Nvidia and
Meta
Platforms are still ...
2d
on MSN
Meta Poaches Salesforce Exec to Build AI Business Tools
Meta, the parent company of Facebook and Instagram, has hired away Salesforce’s head of AI to run a new product group ...
2d
Meta gains steam in its push to make Apple, Google verify users’ ages
A campaign by social media giant Meta to force app store giants Google and Apple to verify the ages of their users is picking ...
E&E
2d
Meta goes all in on gas to power a mega data center
Entergy in Louisiana has signed on with the Facebook parent to vastly expand its generation fleet to power the $5 billion ...
NOLA.com
1d
What are AI data centers? Here's how the planned Meta facility in Louisiana could work.
Over the past several years, energy use by data centers has grown by 20% to 40% annually. Here's what that could mean for ...
20h
on MSN
Supreme Court allows multibillion-dollar class action to proceed against Meta
The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta ...
2h
Meta reveals major crackdown on organized crime scams
In an effort to crack down on organized crime on its platform, Facebook and Instagram parent company Meta has taken down more ...
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