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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.
2h
on MSN
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 ...
PCMag on MSN
2d
Meta Shuts Down 2 Million Accounts Tied to 'Pig Butchering' Scams
Meta has shut down over 2 million accounts this year linked to "pig butchering" scams, which trick users into investing in ...
The Motley Fool on MSN
7h
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
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 ...
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 ...
6h
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 ...
9h
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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