Tag: META

The parent company of Facebook, Meta, decided to pay $725 million to resolve a class action lawsuit alleging that the social media juggernaut provided user data to third parties without their permission. The settlement will reach its conclusion once approval has been granted in the courts of Northern California. Following...

Meta has threatened to remove news content from its platforms in the United States if Congress passes the Journalism Competition and Preservation Act (JCPA), which will allow for media outlets to collectively bargain against social media platforms for more ad revenue in exchange for news content they provide. Supporters...

Facebook, Meta Platforms, and Twitter have been banned in Russia as Russian internet services block foreign media. Earlier on Friday, Russian President Vladimir Putin signed a bill introducing a prison sentence of up to 15 years for those spreading information that goes against the Russian government’s claims and approximation...

Billionaire tech investor and PayPal Co-founder Peter Thiel will step down from the board of Facebook owner Meta, the company announced Monday. Thiel, an early Facebook investor and close confidante of CEO Mark Zuckerberg, will not stand for re-election to the board at the company’s 2022 annual stockholders’ meeting. He will continue to serve on...