India's parliamentary panel demands an apology from Meta CEO Mark Zuckerberg for restricting a Facebook post by Prime Minister Modi, threatening to revoke Meta's safe harbor immunity if not apologized within three days. Meta's chief global affairs officer apologized for the error, but the panel sees this as misuse of safe harbor protection, which shields Meta from liability for user content. Losing this immunity would make it nearly impossible for Meta to operate in India without legal reforms. The dispute highlights growing regulatory scrutiny over content moderation and user privacy in India, a key market for Meta's platforms like Facebook, Instagram, and WhatsApp.
A US judge ordered Meta Platforms, owner of Facebook and Instagram, to pay $567 million for harm caused to children on its platforms, adding to a previous $375 million fine. The total $942 million penalty addresses child mental health issues and fund...
A New Mexico judge ordered Meta to pay $567 million and implement new restrictions on young users of its platforms, adding to a previous $375 million penalty. The ruling found Meta misled users about platform safety and contributed to youth mental he...
A New Mexico judge ordered Meta to pay $567 million into an abatement fund after a jury found the company willfully violated the state's unfair practices act. The ruling ties Meta's social media platforms to contributing significantly to a mental hea...
Missouri voters decisively rejected Amendment 5, which would have ended the state's income tax and expanded sales taxes, due to concerns over tax burden shifts and program cuts. Etsy announced layoffs of about 220 employees, roughly 12% of its workfo...
AMD's stock price fell sharply after its latest earnings report, despite beating analyst expectations on key metrics. The short volume ratio hit a two-week high of 62.60, indicating increased bearish sentiment among investors. The decline may be link...
