Meta shares fell nearly 5% Friday and more than $20 billion were wiped from Mark Zuckerberg’s net worth as investors feared a “Big Tobacco”-like legal reckoning following two back-to-back courtroom ...
In what may turn out to be a bellwether decision, on Wednesday a state court jury in Los Angeles awarded $6 million in damages from Meta Platforms and Alphabet to a woman who is now 20 years old.
Back-to-back verdicts this week against Meta and YouTube could usher in a new chapter in accountability for tech companies, while opening the door to fresh legal challenges, experts tell CBS News. Two ...
When I was a kid, in 1989, 11-year-old Jacob Wetterling went missing, kidnapped near his home in rural Minnesota. His young face was on milk cartons everywhere. An abduction like this was so ...
Ms. Angwin, a contributing Opinion writer, is an investigative journalist. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los resultados de búsqueda. Add The New ...
A jury on Wednesday found that Meta and YouTube are liable for creating products that led to harmful and addictive behavior by young users, a landmark decision that could set a legal precedent for ...
The jury found that Meta's negligence was a "substantial factor" in harming the 20-year-old plaintiff. The plaintiff said earlier in the legal proceeding her Instagram use fueled her mental health ...
Meta is laying off several hundred employees across multiple teams, including sales, recruiting, and the Reality Labs division, as reported by The Information and Bloomberg. The cuts will impact ...
The senior leaders of Meta Platforms (META) stand to earn hundreds of millions of dollars if they help the company reach a $9 trillion valuation in the next five years. In SEC filings disclosed late ...
Meta is offering options to top leaders to incentivize and retain key talent. The company is trying to speed progress in artificial intelligence as companies like OpenAI, Anthropic and Google build ...
Six top Meta execs are set to receive huge pay increases — excluding CEO Mark Zuckerberg. That hinges on Meta meeting "exceedingly aggressive" stock prices over five years, Meta said. It's getting ...
Meta was found liable by a jury in New Mexico on Tuesday for compromising children’s safety online. The parent company for Instagram, Facebook and WhatsApp has been ordered to pay $375 million in ...