New Mexico court orders Meta to pay $567M, overhaul teen protections on Facebook and Instagram
A New Mexico court ordered Meta to pay $567 million and implement sweeping new protections for teens using Facebook and Instagram.
Myspace seeking a revival as its owners plan comeback effort for once-popular social media platform
The owners of MySpace announced plans to relaunch the platform with a new vision, wanting to compete with current social media applications.
R 'Ray' Wang on Microsoft, Meta reports: 'Tale of two earnings'
Constellation Research CEO R 'Ray Wang' analyzes Microsoft and Meta's Q2 earnings reports on 'Mornings with Maria.'
This is a market where Apple looks like 'the winner' in AI: R 'Ray' Wang
Constellation Research CEO R 'Ray' Wang discusses the market sell-off, his expectations for Amazon and Apple earnings, the Federal Reserve meeting and AI governance on 'Mornings with Maria.'
Zuckerberg says AI should empower people, not replace them, in new Meta vision
Mark Zuckerberg says Meta's AI vision is about empowering people, not replacing them, pushing back against dystopian narratives about the technology.
Meta employees sue on allegations company used AI to target workers on medical, parental leave for layoffs
A group of 26 Meta employees allege in a lawsuit that the company used AI systems and keystroke monitoring to target workers on medical or parental leave for mass layoffs.
Four states seeking $1.4 trillion in penalties in child social media addiction trial, Meta says
Four states are seeking $1.4 trillion from Meta over claims Facebook and Instagram were designed to be addictive to children without any warnings on the alleged harms of the apps.
Judge lets states pursue claims that Meta designed Facebook and Instagram to addict children
A federal judge denied Meta's motion to dismiss a social media addiction lawsuit brought by 29 state attorneys general alleging online harm to children.
Market expert Mark Mahaney reveals why he 'remains constructive' on Google
Evercore ISI senior managing director Mark Mahaney analyzes Alphabet and Meta shares amid researcher departures and reported talent acquisitions on 'Varney & Co.'
Google's YouTube reaches settlement in lawsuit alleging child social media addiction
Google's YouTube settles a social media addiction lawsuit brought by a teenager in Florida who accused the platform of causing mental health harms.
Evercore ISI's Mark Mahaney on Meta-Crusoe deal and $930 price target
Evercore ISI senior managing director Mark Mahaney discusses Meta Platforms' AI computing deal with Crusoe, its significance and his price target for the stock on 'Varney & Co.'
Meta lobbies Congress for immunity from lawsuits alleging online harm to children
Meta reportedly lobbied U.S. lawmakers for legal immunity from child harm lawsuits as part of the Kids Online Safety Act under Senate consideration.
Mark Zuckerberg admits Meta has 'made mistakes' as AI overhaul reshapes 20% of its workforce: report
Mark Zuckerberg admits Meta has 'made mistakes' during its AI-driven workforce overhaul that is expected to ultimately affect about 20% of employees.
Meta launches $115M skilled trades academy with guaranteed jobs for graduates in 4 states
Meta launches America's Workforce Academy with $115 million investment, offering free skilled trades training with guaranteed jobs for all graduates.
Meta lays off nearly 1,400 Washington employees in latest tech workforce cut
Meta will cut nearly 1,400 workers across Seattle, Bellevue, Redmond and remote positions in Washington state as the company accelerates its artificial intelligence overhaul.
Meta shifts 7,000 workers into AI roles as layoffs, manager cuts loom
Meta is restructuring its workforce around artificial intelligence, shifting thousands of workers into AI roles while flattening management layers and cutting jobs.
Meta threatens to pull Facebook and Instagram from New Mexico over child safety trial requirements
Meta warns it may pull Facebook and Instagram from New Mexico rather than comply with child safety measures sought after a $375 million jury verdict.
Zuckerberg says Meta layoffs tied to AI spending, won't rule out future cuts
Mark Zuckerberg says Meta's plan to cut about 10% of its workforce is tied to increased AI investment, while leaving the door open to additional layoffs.
R 'Ray' Wang: Anyone who thinks that AI growth isn't real isn't 'facing reality'
Constellation Research founder R 'Ray' Wang assesses Meta, Alphabet and Microsoft's artificial intelligence spending on 'Varney & Co.'
Meta informs staff of layoffs affecting 8,000 employees amid AI push
As AI spending booms, Meta announces 8,000 layoffs while Microsoft offers voluntary retirement to thousands of employees amid tech reductions.