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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.
4h
Meta scrambles to respond to upstart social platform Bluesky’s surge
Threads, Meta’s answer to Elon Musk’s X, makes changes to incorporate features that have drawn millions to its much smaller ...
7h
on MSN
Meta's Threads lagging Bluesky in attracting former X users after US election: report
Threads microblogging platform has been lagging startup Bluesky in luring users who have abandoned X after Donald Trump’s ...
barrietoday
1h
Meta fights CRTC, refuses to publicly release info on news-blocking measures
Meta is refusing to publicly disclose information that could determine whether it is subject to the Online News Act despite ...
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 ...
10h
Best Black Friday VR headset deals: Meta Quest 3S, PSVR and more
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 ...
1d
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 ...
2d
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 ...
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