Terms of the settlement, which were reached one day after the trial started, weren't immediately disclosed. Representatives from Meta declined to comment
A USD 8 billion class action investors' lawsuit against Meta CEO Mark Zuckerberg and company leaders current and former began Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm. Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump's successful Republican presidential campaign in 2016. Shareholders say Facebook officials repeatedly and continually violated a 2012 consent order with the Federal Trade Commission under which Facebook agreed to stop collecting and sharing personal data on platform users and friends without their consent. Facebook later sold user data to commercial partners in direct violation of the consent order and removed disclosures from privacy settings that were required under consent order, the lawsuit alleges. The fallout led to Facebook agreeing to p
In its biggest clean-up of the year, Meta has removed over 10 million Facebook profiles to combat spam, impersonation, and AI-driven content duplication. Watch to know what it means for creators.
Meta introduces stricter enforcement against reused content on Facebook, aiming to protect creators posting original content, curb spam, and reduce fake engagement across the platform
PhonePe has appointed ex-Meta India policy head Shivnath Thukral as vice-president for public policy, as the fintech firm gears up for its IPO
Unlike AI models from Google and OpenAI, Meta's Llama is described as "open source," meaning its underlying code is freely available online for anyone - including rivals - to use and adapt
Meta has made AI the company's top priority this year, investing heavily in infrastructure such as chips and data centers, as well as recruiting top talent to build AI models and features
Meta offered over $200 million to recruit Apple's software engineer Ruoming Pang to its new superintelligence team, part of a broader push with unusually high compensation for top AI talents
Facebook parent Meta acquired just under 3 per cent of Ray-Ban maker EssilorLuxottica. Menlo Park, California-based Meta is considering further investment
OpenAI's Altman hasn't yet spoken to Zuckerberg since the Meta's chief executive officer poached some of OpenAI's top engineers, but he's anticipating a meeting this week
X (formerly Twitter) is testing AI-generated Community Notes via tools like Grok and third-party bots, while retaining human oversight to ensure accuracy, fairness, and transparency
Meta and ByteDance have previously faced thousands of lawsuits, along with Snapchat, accusing the platforms of being addictive and causing harm to children, schools, and governments
'It feels like someone's broken into our home', OpenAI mentions after Meta intensifying effort to recruit AI talent poaching from it
The deal is not yet finalized and could still change, people familiar with the matter said. Financial terms under discussion could not be learned
The accused, Vishal Yadav, works as an Upper Division Clerk (UDC) in the Directorate of Dockyard at the Navy building in Delhi
Meta has hired Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai from OpenAI to work on its superintelligence initiatives
The moot question is whether a digital business can be built from The Seven Gifts of Grace: Wisdom, Understanding, Counsel, Knowledge, Piety, Fortitude, and Fear of the Lord
Meta said passkeys offer a more secure and convenient way to sign in compared to traditional passwords
Facebook will soon unify all video uploads as Reels, removing the need to choose formats. The update aims to streamline content and offer creative tools like effects, audio edits, and filters
Sam Altman said he respects Meta but does not see it as strong on innovation, adding that innovation, not just pay, is what retains talent at OpenAI