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Meta attempted to prevent lawyers from questioning Mark Zuckerberg about his $231B wealth in the social media trial in LA, according to court documents.

Meta attempted to prevent lawyers from questioning Mark Zuckerberg about his $231B wealth in the social media trial in LA, according to court documents.

In a recent social media addiction trial in Los Angeles, Mehta attempted to block inquiries about Mark Zuckerberg’s substantial wealth, based on documents that came to light last Friday. The unsealed filings from Los Angeles County Superior Court reveal that the CEO of Meta sought to shield Zuckerberg from the same level of examination as […]

AMD secures a major $100B AI chip agreement with Meta led by Mark Zuckerberg

AMD secures a major $100B AI chip agreement with Meta led by Mark Zuckerberg

AMD’s Big AI Deal with Meta Advanced Micro Devices (AMD) announced on Tuesday that it plans to sell as much as $60 billion worth of artificial intelligence chips to Meta Platforms over the next five years. This arrangement also gives Meta, the owner of Facebook, the option to acquire up to 10% of AMD’s stock. […]

Most Americans believe Meta and Google should be responsible for the social media addiction issue, according to a survey.

Most Americans believe Meta and Google should be responsible for the social media addiction issue, according to a survey.

Survey Reveals Public Concerns Over Social Media Accountability A recent survey revealed that a significant 86% of Americans believe that Meta and Google should be held responsible for their contributions to social media addiction, which is linked to rising anxiety, eating disorders, and even suicides among children. Additionally, around two-thirds of U.S. voters—67%—indicated they would […]

Bill Ackman supports Mark Zuckerberg’s Meta with a $2B investment

Bill Ackman supports Mark Zuckerberg’s Meta with a $2B investment

Bill Ackman Invests $2 Billion in Meta Billionaire investor Bill Ackman has made a substantial move by investing around $2 billion in Meta, signaling a strong belief that Mark Zuckerberg’s company will excel in the competitive realm of artificial intelligence. This investment constitutes about 10% of Pershing Square’s overall portfolio, which is quite significant for […]

Former Meta executive claims Instagram put his teenage daughter in danger from ‘predators’ during shocking testimony in New Mexico.

Former Meta executive claims Instagram put his teenage daughter in danger from 'predators' during shocking testimony in New Mexico.

Testimony Reveals Alarming Social Media Risks for Minors During a pivotal trial in New Mexico, shocking evidence emerged about the dangers minors face on social media. A former meth researcher’s underage daughter encountered unsolicited sexual content shortly after setting up her first Instagram account. Arturo Bejar, who oversaw safety initiatives at Facebook from 2009 to […]

Significant trial claims Meta and Google deliberately made children ‘addicted’

Significant trial claims Meta and Google deliberately made children 'addicted'

Meta and Google faced off in Los Angeles Superior Court on Tuesday, continuing a pivotal trial that questions whether their platforms purposely target and addict younger users. This case is being closely monitored and could set the stage for many similar lawsuits nationwide. The result might potentially expose the social media giants to substantial damages […]

Stock Market Update, Jan. 29: Microsoft Declines and Meta Rises

Stock Market Update, Jan. 29: Microsoft Declines and Meta Rises

Market Update The S&P 500 dipped 0.17% to close at 6,969.01. Meanwhile, the Nasdaq composite fell 0.72% to 23,685.12, largely impacted by a downturn in the tech sector. On the other hand, the Dow Jones industrial average managed a slight increase of 0.11%, ending at 49,071.56, which is close to a record high. Market Movers […]

Stock Market Update, Jan. 29: Microsoft Drops and Meta Rises

Stock Market Update, Jan. 29: Microsoft Drops and Meta Rises

Today, the S&P 500 dropped by 0.17%, settling at 6,969.01. The Nasdaq composite fell even more, down 0.72% to 23,685.12, primarily due to struggles in the tech sector. Conversely, the Dow Jones Industrial Average saw a slight increase of 0.11%, reaching 49,071.56, close to an all-time high. Among the heavyweights in tech, Microsoft experienced a […]