Meta investors settle $8bn lawsuit with Zuckerberg
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Meta CEO Mark Zuckerberg and other board members of the social media giant settled a shareholder lawsuit Thursday, a day after a trial began in court over an $8 billion class-action lawsuit linked to the 2018 privacy scandal involving Cambridge Analytica, according to AFP.
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The Daily Galaxy on MSNMark Zuckerberg Declares the End of Social Media as We Know It, and Unveils What’s Coming Next in the Digital WorldWe all know the story by now. The social media landscape has been around for over a decade, growing from simple digital hangouts to the juggernauts that dominate our daily lives. We’ve watched these platforms evolve,
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Mark Zuckerberg predicted that smartphones will no longer be the king of personal technology, sharing that devices like smart glasses will likely take over as the predominant wearable device of the everyday person.
WILMINGTON, Delaware, July 17 (Reuters) - A lawyer for Meta Platforms (META.O) shareholders who were suing Mark Zuckerberg and other company leaders told a Delaware judge on Thursday that the parties had reached a settlement agreement, ending a $8 billion trial over Facebook’s user privacy violations.
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and penalties.
Facebook cofounder Mark Zuckerberg teases he's building several power-hungry data centers to develop 'AI superintelligence.'
(Reuters) -Meta CEO Mark Zuckerberg has pledged hundreds of billions of dollars towards building massive data centers, days after ratcheting up the AI race with the launch of a division made up of engineers poached from rivals he hopes to challenge.
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India Today on MSNRs 800 crore package to Trapit Bansal? Mark Zuckerberg may have doubled down with Rs 1600 crore salary to ex Apple AI headMeta is reportedly offering massive salaries – up to Rs 1,600 crore – to top AI researchers from Apple and OpenAI. These hires will drive its Superintelligence Lab and long-term push towards AGI.