Investors had alleged that Meta did not fully disclose the risks to Facebook users that their personal information would be ...

Meta investors and Meta CEO Mark Zuckerberg settled an $8 billion lawsuit with shareholders on Thursday. The investors were seeking $8 billion in damages from Meta in fines and legal costs shelled ...

An $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders began Wednesday, with claims stemming from the privacy scandal involving the Cambridge ...

Scale is cutting 200 full-time staffers, or 14% of the workforce, and around 500 contractors, spokesperson Natalia Montalvo told SFGATE on Wednesday, confirming a report from Bloomberg. Employees ...

In a recent interview about Meta’s superintelligence strategy, Zuckerberg revealed what he believes is an under-reported strategic advantage for recruiting AI researchers.

Meta Platforms Inc. investors say they have reached a settlement with current and former directors at the company to end a ...

The move is a bid to catch up with rivals such as OpenAI, Google and Anthropic after the poor performance of the Facebook ...

By ​agreeing to settle​ the lawsuit over ​its response to the Cambridge Analytica scandal,​ the company would avoid ​having current and former board members to take the stand.

Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing ...