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Shareholders at Meta sued Zuckerberg, venture capitalist and board member Marc Andreessen, and others to hold them liable for billions in fines.
Meta Platforms (formerly Facebook) has faced multiple major lawsuits and regulatory actions over privacy violations ...
Meta Platforms has hired Apple artificial intelligence researchers Mark Lee and Tom Gunter for its Superintelligence Labs ...
An $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders began Wednesday, with claims stemming from the privacy scandal involving the Cambridge ...
Meta CEO Mark Zuckerberg is no longer the second-richest person in the world. That title now belongs to Oracle founder Larry ...
With the cloud giant's stock (ORCL) rising 3.1% on Thursday, Oracle is within a hair of surpassing a $700 billion market capitalization. Its shares clinched a new closing high of $248.75 at the end of ...
Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...
Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were seeking $8 billion in damages from Meta in fines and legal costs shelled ...
Meta Platforms Inc. investors say they have reached a settlement with current and former directors at the company to end a ...
The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled to testify.
Meta CEO Mark Zuckerberg and other investors have reached a settlement with company shareholders. This ends a claim seeking $8 billion for privacy violations.