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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.
The Washington Post
1h
Meta scrambles to respond to upstart social platform Bluesky’s surge
It’s not the only company scrambling.
Meta
, the social media behemoth behind Facebook and Instagram, has launched a raft of ...
33m
Meta loses ground to Bluesky as users abandon Elon Musk’s X
Meta’s Threads is losing ground to social media start-up Bluesky in capitalising on the exodus of users from Elon Musk’s X following Donald Trump’s election.
New York Magazine
20h
Meta Made a New Affordable VR Headset, and I Can’t Put It Down
I first dived into VR in 2020. As an escape from the bland walls of my apartment during the pandemic, I’d throw on my Quest 2 ...
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 ...
21h
9 best Meta Quest 3 Black Friday deals — get up to 25% off now
Now that Meta's Quest 3S is here, the price of the Quest 3 has dropped significantly from $649 to $499. It's an excellent VR ...
17h
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 ...
Indulgexpress on MSN
4h
Meta purges over 2 million accounts linked to scam centres
Meta has eliminated over two million accounts connected to scam networks operating in Myanmar, Laos, Cambodia, the UAE, and ...
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