Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the U.S. tech giant’s first ever penalty for E.U. antitrust violations. In a groundbreaking …
The U.S. Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data. The …
The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to fend off federal securities fraud lawsuits in separate cases that could make it harder for private litigants to hold companies …
Meta Platforms Inc. failed in a bid to challenge a class action suit in the UK that alleged Facebook abused its dominant position and exploited its users personal data. The UK’s Court of Appeal refused to permit Meta and Facebook’s …
Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social media company of accepting paid advertisements that fraudulently use the retailer’s name to deceive consumers. A …
Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial-recognition technology to collect biometric data of millions of Texans without their consent. The terms of the settlement, …
A U.S. judge rejected Meta Platforms’ bid to dismiss a lawsuit by billionaire Australian mining magnate Andrew Forrest over scam Facebook advertisements that show him promoting fake cryptocurrency and other fraudulent investments. In a decision on Monday, U.S. District Judge …
A federal judge in San Francisco ordered Facebook Inc. to pay $925,078.51 in sanctions for the “egregious conduct” of its attorneys while defending against a class-action consumer privacy lawsuit filed in the wake of the Cambridge Analytica scandal. “This case …
Meta Platforms Inc. “routinely discriminates” in steering job ads to specific age and gender groups on its Facebook platform, a women’s truckers organization alleged in a civil rights complaint. “Facebook’s algorithm regularly acts like recruiters in the 1960s (and even …
Meta Platforms Inc. reached a $37.5 million settlement of a lawsuit accusing the parent of Facebook of violating users’ privacy by tracking their movements through their smartphones without permission. A preliminary settlement of the proposed class action was filed on …