Meta Platforms Inc. has launched Muse Spark 1.3, its most advanced artificial intelligence model to date.

A landmark $17.1 billion mult-state settlement with Meta Platforms, Inc.— considered to be the largest state consumer protection settlement in history outside the Big Tobacco settlements of the 1990s – has been announced by state attorneys general, who joined in a lawsuit about dangers to youth on social media platforms.[Read More...]

Alphabet stays in focus as AI demand supports search, cloud, advertising and communication-sector momentum.

Montgomery, AL – Alabama Attorney General Steve Marshall announced a $117.3 million settlement with Meta Platforms, Inc. that includes new requirements aimed at increasing protections for children and teenagers using Instagram and Facebook. According to Marshall’s office, the Alabama settlement is part of a broader $17.1 billion agreement involving 47 states, the District of Columbia, […]

Not many people would count paying US$18 billion they did not expect to when they woke up that morning as a victory. Yet for Meta Platforms Inc, the owners of Facebook and Instagram, the agreement with 52 US attorneys general to settle claims that it designed its products to be addictive to children

Meta Platforms stock trades in the high-$570s as investors weigh a $10 billion litigation expense ag

Meta Platforms has reached a settlement worth up to $17.1 billion with 52 state and territorial attorneys general to resolve claims the social media company hid or downplayed its platforms’ allegedly harmful impact on minors.