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Meta Must Face Investor Suit
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.
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 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 scams
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 removes millions of accounts pushing ‘pig butchering’ investment scam
Meta said it removed more than 2 million accounts this year alone that sought to trick internet users into putting their money into fake investment schemes.
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.
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 ...
3d
on MSN
Meta hires Salesforce’s CEO of AI, Clara Shih, to lead new business AI group
Meta hired Salesforce's CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta's ...
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 ...
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 ...
19h
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 ...
3h
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 ...
NOLA.com
3d
Meta, Facebook's parent company, plans to build multi-billion dollar AI data center in Louisiana
Facebook parent Meta is planning an artificial intelligence data center in north Louisiana, a multibillion-dollar project ...
New York Magazine
22h
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 ...
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