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Facebook must face investor lawsuit, Supreme Court rules

Welcome to The Hill's Technology Newsletter {beacon} technology technology Full text   Gallagher not interested in serving as SEC chairman in second Trump administration Dan Gallagher, chief legal officer of financial services company Robinhood, said Friday that he has no interest in serving as chairman of the Securities and Exchange Commission (SEC) in President-elect Donald […]

Supreme Court dismisses appeal from Facebook owner Meta over securities fraud lawsuit

Michael Lee, founder of Michael Lee Strategy, discusses the decline in Microsoft and Meta stocks and explains why you should invest in these two companies. The Supreme Court on Friday rejected an appeal by Facebook owner Meta Platforms in a securities fraud case accusing the tech giant of misleading investors in a data collection scandal […]

EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace

Meta was fined more than $840 million on Wednesday after a three-year legal process for violating European Union antitrust rules related to market dominance. According to , the multinational company was penalized for tying the online classified advertising service Facebook Marketplace to the personal social network Facebook. release. This feature allows Meta to use data […]

Second Florida woman arrested in connection with deadly shooting on Facebook live

Florida police have charged a second woman in connection with a fatal shooting that was captured on Facebook Live. Lakeveer Pringle, 31, turned herself in to Sanford police on Friday on suspicion of first-degree premeditated murder and was taken into custody. She is accused of recording a Facebook livestream that ultimately showed the shooting death […]

Savon Tyler charged after allegedly killing Lauren Martin on Facebook live

A Florida woman was arrested Tuesday on suspicion of fatally shooting another woman in a social media livestream video, police said. Savon Tyler, 35, was charged with first-degree premeditated murder and is being held in the Seminole County Jail without bail, according to jail records. The Sanford Police Department announced that Tyler is accused of […]

SCOTUS hears Facebook bid to toss shareholder suit over Cambridge Analytica scandal

The U.S. Supreme Court on Wednesday weighed in on Meta Inc.'s Facebook's bid to quash a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading about its misuse of user data. The justices heard arguments in Facebook's appeal of a lower court's decision to allow a 2018 class action […]

FACT CHECK: Facebook Video Does Not Show ‘Ballot Mule’ In Lincoln, Nebraska

video shared on facebook A video of a voting mule captured on camera at a library in Lincoln, Nebraska. Verdict: False In a statement posted on its website, the Lancaster County Board of Elections noted that the person seen in the video was not a “voting mule” but a first-time voter. A spokesperson for the […]