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Meta Platforms Newsroom
Meta Platforms(META.US) 10% Shareholder Sells US$45.06 Million in Common Stock
$Meta Platforms(META.US)$ 10% Shareholder Zuckerberg Mark sold 35,921 shares of common stock on Dec 12, 2024 at an average price of $632.0831 for a total value of $22.71 million.Source: Announcement
Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It 'Largest Ever Payment'
Meta will pay 32 million dollars in settlement to conclude the user privacy breach lawsuit.
Gelonghui, December 17 | According to Reuters, Australia's privacy regulator stated on Tuesday that Meta Platforms has agreed to pay 50 million Australian Dollars (31.85 million USD) in settlement fees to end a prolonged and costly legal battle stemming from the Cambridge Analytica scandal. It is reported that the United Kingdom consulting firm Cambridge Analytica retained the personal data of millions of Facebook users without permission, mainly using this data for political advertising, which was involved in Trump's first win in the USA presidential election and the Brexit campaign. The Australian Information Commissioner's Office accused as part of a broader scandal.
Express News | A spokesperson for Meta Platforms stated that a settlement was reached with Australia's Cambridge Analytica privacy scandal lawsuit without any admission of wrongdoing.
Meta to Pay $32 Million as It Settles Facebook Quiz App's Privacy Breach
Express News | Australian Information Commissioner - Settlement of a$50M From Meta for Australian Users Impacted by Cambridge Analytica Incident
U.S. stock market closing | The three major indexes had mixed results, with the Nasdaq increasing over 1% to reach a new high, while the Dow Jones fell for the eighth consecutive day; Broadcom surged over 11%, and Tesla rose over 6%, both reaching histori
The Dow Jones Industrial Average has recorded its longest losing streak since 2018; NVIDIA fell over 1%, marking its third consecutive decline; MicroStrategy, which was added to the Nasdaq 100 index, surged over 7% intraday before reversing to a loss, and Super Micro Computer, which was removed from the index, closed down over 8%. Chinese concept stocks fell over 2%.
The founder of Castle Investment, Griffin, plans to donate 1 million dollars to Trump's inauguration Fund.
Related reading: From Meta to Amazon and then to Altman, Silicon Valley giants are busy showing loyalty to Trump with donations. Ken Griffin, the billionaire founder of Citadel, plans to donate 1 million dollars to the inauguration fund of the USA's president-elect Donald Trump, after previously refusing to contribute to Trump's campaign during this year's election. Griffin has made similar donations in the past, including contributions to Trump's 2017 inauguration and Biden's 2021 inauguration. "I'm sure you'll see me listed as a donor for the inauguration again," he said on Monday while attending the Miami-Dade County Alliance.
Meta Platforms Options Spot-On: On December 16th, 224.1K Contracts Were Traded, With 2.29 Million Open Interest
On December 16th ET, $Meta Platforms(META.US)$ had active options trading, with a total trading volume of 224.1K options for the day, of which put options accounted for 30.79% of the total
CNN Reporter Kaitlan Collins Posts On X "Trump Is Meeting With TikTok CEO Shou Chew at His Mar-a-Lago Club Today, I'm Told. That Comes Hours After the President-elect Suggested He Might Reverse Course on the Impending Ban on the App in the US, as...
ByteDance And TikTok Ask U.S. Supreme Court To Temporarily Block Law That Would Force Sale Or Ban TikTok App
Meta (META.US) smart glasses add instant translation and Asia Vets visual features.
Meta (META.US) announced on Monday that it has updated the Ray-Ban Meta smart glasses, which now feature AI vision capabilities and real-time language translation. Additionally, Meta has added Shazam to the smart glasses, an application that allows users to identify songs, which will be launched in the USA and Canada.
Meta Platforms Updates Ray-Ban Meta Smart Glasses With New Features
Meta Adds Live Translation, AI Video to Ray-Ban Smart Glasses
Meta Updates Its Smart Glasses With Real-time AI Video
Elon Musk's Tesla Nearly 5 Times More Expensive Than Industry Average: Stock Surges Over 60% Since Election
Meta Platforms (META) Upgraded to Buy: What Does It Mean for the Stock?
Meta Sets the Bar in AR/VR, but Competition Is Gearing Up for a Reality Check, According to IDC
President-Elect Donald J Trump Says "Taking A Look At TikTok; I Have A Warm Spot In My Heart For TikTok
Express News | Meta: Starting Today, We’ll Begin Rolling Out the V11 Software Update for Ray-Ban Meta Glasses