Facebook News

Meta Settles with Australia’s Privacy Watchdog Over Cambridge Analytica Suit

Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal. The Office of the Australian Information Commissioner had alleged …

Court Documents Show Meta Contractor Dismissed Threats to Moderators by Ethiopia Rebels

A contractor hired by Facebook’s parent company Meta dismissed threats to content moderators by Ethiopian rebels angered by their work, according to new evidence filed in a case challenging the dismissal of dozens of moderators in Kenya. Last year 185 …

Meta Fined $841M by EU Over Abusing Classified Ads Dominance

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 …

US Supreme Court Mulls Facebook Bid to Escape Securities Fraud Suit

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 …

Facebook, Nvidia Ask US Supreme Court to Spare Them From Securities Fraud Suits

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 Loses Bid to Appeal UK Class Action Over Data, Could be Liable for up to $3.2B

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 Faces $3.6M Fine on Brazil Following Suit Over Bogus Havan Ads

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 to Pay $1.4B to Settle Texas Facial Recognition Data Lawsuit

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, …

Meta Must Face Australian Billionaire Forrest’s U.S. Lawsuit Over Scam Facebook Crypto Ads

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 …

Judge Sanctions Facebook, Lawyers for Bad-Faith Discovery Fight

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 …