Meta settles $8 billion Facebook privacy lawsuit
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Meta Platforms is shifting its focus and riding a powerful, bullish trend. Investors should consider the wide range of Meta stock price targets and formulate a strategy for all possible outcomes.
Meta apologized for a translation error that implied Karnataka CM Siddaramaiah had died. The glitch occurred on Facebook and Instagram, sparking outrage.
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Meta Platforms Inc. (NASDAQ:META) is one of the best US stocks to buy according to Billionaires. On July 14, Meta announced stricter measures to combat unoriginal content on Facebook. The initiative targets accounts that repeatedly reuse someone else’s text,
Meta Platforms Inc. Chief Executive Mark Zuckerberg, along with former and current company directors and officers, today reached a settlement in a trial in which shareholders sought $8 billion in damages for losses related to the Cambridge Analytica privacy scandal.
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Analysts are in love with Meta's aggressive growth strategy in recent years and believe it can keep performing.
Sumitomo Mitsui DS Asset Management bought 12,468 shares of Meta Platforms, totaling $7.7 million. The trade represents 0.07% of 13F reportable AUM. Its now 331,918 shares are valued at $245 million as of July 10,
Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Read more on META stock here.
The disclosure was made in written submissions filed during proceedings in X’s legal challenge against the portal