Meta, led by Mark Zuckerberg, halted internal studies indicating that social media may be harmful to users.
Meta, the company behind Facebook and Instagram, has stopped an internal study that suggested users who ceased using its platforms experienced reduced levels of depression and anxiety, as revealed in recent legal filings. According to documents filed in the U.S. District Court for the Northern District of California, Meta had been conducting a research project […]
Meta workers likened themselves to drug dealers while the company downplayed mental health risks for children.
Meta Accused of Concealing Instagram’s Impact on Children’s Mental Health Recent court documents released in California reveal that Meta researchers referred to Instagram as a “drug” and allegedly suppressed data indicating that the platform harms children’s mental health. These concerning claims emerged in the Northern California District Court, where several state attorneys general, school districts, […]
Meta to Shut Down Instagram Accounts of Australian Teens Before Social Media Ban
Meta, the company behind Instagram, Facebook, and Threads, is notifying users in Australia aged 13 to 15 that their accounts will be shut down as a new social media ban for those under 16 is set to start in December. Australia has announced a “world-leading” initiative that will prohibit users under 16 from accessing social […]
Judge Boasberg Decides Mark Zuckerberg’s Meta Lacks Monopoly Power in Social Media
Judge Dismisses FTC Antitrust Case Against Meta U.S. District Judge James Boasberg has dismissed the Federal Trade Commission’s (FTC) antitrust lawsuit against Meta, allowing the company to maintain its acquisitions of Instagram and WhatsApp. This ruling comes amid Boasberg facing impeachment charges this month related to his involvement in the “Arctic Frost” investigation concerning the […]
Meta wins antitrust case that aimed to separate Instagram and WhatsApp
Meta Avoids Forced Sale of Instagram and WhatsApp Meta Inc., led by Mark Zuckerberg, successfully fended off a significant antitrust lawsuit from the Federal Trade Commission (FTC), preventing a forced sale of Instagram and WhatsApp. The ruling came from U.S. District Judge James Boasberg, who decided that the FTC had not established that Meta held […]
Court decides Meta does not hold a monopoly in social networking
Federal Judge Rules Meta Does Not Hold Illegal Monopoly A federal judge determined on Tuesday that Meta does not illegally monopolize personal social networking. The ruling indicates that the tech giant faces competition from a wider social media market, which includes platforms like TikTok and YouTube. U.S. District Judge James Boasberg, in a detailed 89-page […]
Meta Platforms Is Significantly Enhancing HubSpot Stock with AI. Will This Aid HUBS?
HubSpot (HUBS) has seen a 48% drop in stock value this year, largely driven by uncertainties surrounding the impact of AI on its operations. The company’s performance has been negatively affected amid the ongoing AI revolution. However, recent appointments of key executives from Meta, Inc. (META) to HubSpot’s board could leverage Meta’s AI expertise to […]
Nebius Stock Has Increased More Than 200% This Year, Yet Its $3 Billion Meta Agreement Still Transforms Everything
Nebius has recently signed its second significant AI contract since September. After revealing third-quarter results on November 11, the data center infrastructure company saw its stock drop 7% amid unusual trading volume. Sales surged by 355%, yet the company experienced a larger loss than the previous year, primarily due to increased expenses for enhancing its […]
AI Leader Yann LeCun to Depart from Meta and Start New Venture
Yann LeCun Departs Meta to Launch New Startup Yann LeCun, the leading AI scientist at Meta, is set to leave the company to pursue his own startup, coinciding with significant changes in Meta’s AI strategy under CEO Mark Zuckerberg. According to reports, LeCun communicated his plans to employees, detailing that he intends to start his […]
Options trading in Meta as the stock drops on major AI investment prospects
Meta’s Financial Position and Market Response It might be worth considering selling Meta’s 45 to 90-day options, particularly given the latest earnings reports and guidance. Recent decisions have seen the stock pull back from its peaks, which has led to higher options prices. In Q3 of 2025, Meta posted robust revenue growth of 26% year-over-year. […]