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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.
8h
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 ...
2h
on MSN
Meta Platforms, Inc. (META) Advances Plans for $10 Billion AI Data Center in Louisiana
We recently compiled a list of the 15 AI Stocks Trending on Financial Media. In this article, we are going to take a look at ...
2d
Meta removes 2 million accounts accused of ‘pig butchering’ scams
Meta said Thursday it removed more than 2 million accounts linked to “pig-butchering” investment schemes that leave victims ...
2d
on MSN
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 ...
14h
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 ...
11h
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 ...
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