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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
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.
Insider Monkey
5h
Jim Cramer Agrees With Famous Analyst’s Latest Bull Thesis on Meta Platforms (META)
We recently published a list of Jim Cramer’s Latest Calls: 10 Stocks You Should Not Miss. In this article, we are going to ...
2h
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 ...
New York Magazine
21h
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 ...
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 ...
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 against Meta to proceed
The Supreme Court is allowing a multibillion-dollar class-action investors’ lawsuit to proceed against Facebook parent Meta, ...
28m
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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