Keywords: Meta platforms
Meta Platforms is facing a major legal challenge in Tennessee, where state authorities accuse the company of designing Instagram in a way that encourages excessive use among young people and contributes to a youth mental health crisis. The trial, which began with jury selection in Nashville, is part......
Users of Facebook and Instagram experienced service interruptions on Sunday as reports of technical problems emerged across multiple regions, raising concerns over the availability of two of the world's most widely used social media platforms. According to user-generated outage tracking data, thousands......
Meta Platforms has lost a legal challenge before Europe’s highest court in a dispute over compensation owed to Italian publishers for the use of news content snippets. The ruling confirms that digital platforms may be required to pay fair compensation when using fragments of journalistic content......
Indian media company Zee Entertainment has filed a lawsuit against beauty and fashion retailer Nykaa, accusing the company of using copyrighted songs without proper authorization in Instagram reels used for product promotion. The case, filed on April 3 at the Delhi High Court, seeks approximately $210,000......
Snap Inc, the parent company of Snapchat, has announced plans to reduce its global workforce by approximately 16%, according to reports released on Wednesday. The decision comes as the company faces increasing pressure from investors and a more competitive digital advertising market. The move follows......
Advanced Micro Devices (AMD) shares plunged nearly 23% in November, marking the worst monthly decline since 2022. This sharp selloff occurred despite the chipmaker reporting record third-quarter revenue of $9.25 billion, up 36% year-over-year, and issuing optimistic guidance for the fourth quarter. The......
Alphabet shares climbed to unprecedented heights following reports that Google’s latest AI advancements and chip technology are disrupting Nvidia’s dominance in the artificial intelligence hardware space. The surge comes amid growing investor enthusiasm fueled by the......
Asian stock markets faced mixed outcomes on Friday, highlighting investor skepticism over the limited scope of a recently announced trade truce between the United States and China. Concerns about slowing global economic growth overshadowed the diplomatic breakthrough. Mixed performance across Asian......
Meta Platforms, a leading social media company, has made a significant shift in its approach to content management. In a major policy reversal, Meta has discontinued its U.S. fact-checking program and reduced restrictions on debates about sensitive topics like immigration and gender identity. This decision......
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