A Georgia attorney has won a lawsuit against Facebook after the big tech giant shut down his account and banned him off the platform, alleging that he had violated its standards on child sexual exploitation. Jason Crawford in Hamilton, Georgia, told Fox 5 Atlanta that he had logged on to Facebook in August 2022 only…

Three Alabama school districts have filed lawsuits against the major social media platforms alleging them to have created a mental health crisis among children. “The harm created by social media companies has strained already limited school resources as educators attempt to combat the widespread problems caused by social media addiction,” said Joseph VanZandt, co-lead counsel…

WELLINGTON—The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc’s Google and Meta Platforms Inc. to pay New Zealand media companies for the local news content that appears on their feeds. Minister of Broadcasting Willie Jackson said in a statement on Sunday that the…

Meta Platforms Inc. spokesperson Andy Stone said in a tweet on Tuesday that a report on Chief Executive Officer Mark Zuckerberg stepping down next year was false. News website The Leak earlier in the day reported that Zuckerberg was set to resign in 2023, citing an unnamed insider source. The report briefly sent the company’s…

Mark Zuckerberg admitted that Meta failed to anticipate major changes in social media use that contributed to the success of its rival TikTok, which he called a “very effective competitor.” In an interview with Stratechery on Oct. 12, Zuckerberg said that he “sort of missed” the way that people currently “interact with discovered content” through social…

Rosenblatt analyst Kevin Cassidy expected SMART Global Holdings Inc. (SGH) to deliver a slight beat-n-raise to consensus 3QF22 and 4QF22 outlook. Cassidy maintained his Buy recommendation and $60 price target. Cassidy saw upside coming from data center demand for Specialty Memory. The demand for SGH’s Penguin Solutions AI/HPC systems has remained robust. However, supply chain constraints likely limited shipments….

WASHINGTON—Facebook parent Meta Platforms Inc. has named a company vice president as chief information security officer (CISO), the first person to fill that role at the social media company. Guy Rosen, who has been at Facebook since 2013 and most recently led the company’s product safety and integrity efforts, said on Twitter in his new…

Meta Platforms Inc. messaging application WhatsApp is set to drop support for Apple Inc. running iOS10 and iOS 11. What Happened WhatsApp is planning to drop support for devices running iOS10 and iOS11, which means iPhone 5 and iPhone 5C models, which cannot be updated beyond these versions will be left out in the cold. The revelation…

Facebook owner Meta Platforms is beginning to test tools for selling digital assets and experiences within its virtual reality platform Horizon Worlds, a key part of its plan for creating a metaverse, it said on Monday. The tools will be available initially to a handpicked set of users who are creating virtual classes, games, and…

Commentary It’s a day that will live in infamy. For now. On Thursday, Feb. 3, Meta Platforms (the company formerly known as Facebook) announced its earnings and tanked some 26.4 percent in the blink of an eye. In that same blink, some $232 billion of market capitalization was wiped off the face of the company….