Meta Platforms Inc

The California Journalism Preservation Act still needs to be approved by the state Senate and signed by Democratic Governor Gavin Newsom to become law.

The popular chat app announced the update in a blog post Monday.

The European Union has slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring users’ personal information to the United States by October.

U.S. regulators say Facebook misled parents and failed to protect the privacy of children using its Messenger Kids app.

Meta has begun saying goodbye to some technical workers, following plans announced in March to lay off 10,000 employees.

“Once you send that photo, you can’t take it back,” goes the warning to teenagers, often ignoring the reality that many teens send explicit images of themselves under duress, or without understanding the consequences.

Meta announced a new paid verification subscription service for $11.99 a month on the web and $14.99 a month on iOS.

The decision comes two years after Trump’s suspension on Facebook was enacted following the 2021 insurrection at the U.S. Capitol.

The Journalism Competition and Preservation Act, if passed, would allow news companies to collectively negotiate with social platforms over the terms on which their material appears on their sites.

According to a Meta spokesperson, Instagram deleted content from Ye’s Instagram page and placed a restriction on the account after the company said that the rapper violated its rules and guidelines.

Facebook’s corporate parent has reached a tentative settlement in a lawsuit alleging the world’s largest social network service allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s victorious presidential campaign in 2016.

Amazon hired Global Strategy Group, which has done polling work for prominent Democrats, to fight unionizing efforts on New York’s Staten Island.

The Connected Commerce Council, which pitches itself as a grassroots movement representing small business owners, is funded by Google and Amazon.

In rising for 11 straight days, Apple’s market cap is nearing $3 trillion.

Overtime, a sports media company, is unveiling a new amateur league for high school football players. Former NFL MVP Cam Newton is an investor.

Inflection AI, the start-up launched by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached staff from Google and Meta.

Cramer listed rules investors should consider to successfully weather potential market turbulence down the line.

Elon Musk said he is giving “serious thought” to building a new social media platform in a Tweet on Saturday.

When analysts come out in droves to claim FAANG stocks are uninvestable, “that’ll be the perfect moment to do some buying,” the “Mad Money” host said Friday.

The European Union and the U.S. on Friday announced they had agreed “in principle” to a new framework for cross-border data transfers.