Meta faces a class action lawsuit from parents and children in California and Illinois over its unreleased smart glasses feature called "NameTag." The suit alleges Meta used Facebook and Instagram photos without permission to develop a facial recognition system and train AI models, violating privacy laws. Meta denies wrongdoing, stating no final decision has been made on the feature and no universal face database is being built. The case highlights growing privacy concerns around biometric data and AI technologies in consumer products.
Meta Platforms Inc shares are trading at USD 665.19, up 2.65% as of Sep 15, 2026 03:12 WIB on Pluang. The stock's market cap stands at $1.65 trillion, reflecting strong investor interest despite ongoing legal challenges. Volume today reached 24,093,972 shares, showing active trading in the media sector.
The Asia-Pacific sustainable data center market is projected to grow from $16.74 billion in 2025 to $57.18 billion by 2031, at a CAGR of 22.7%. Growth is fueled by rising demand for AI, cloud computing, and hyperscale infrastructure, prompting invest...
Virtuix Holdings has become an official reseller of Meta products, expanding its collaboration with Meta following the successful launch of Omni One for Quest. Omni One orders have tripled compared to last year, driven by strong consumer demand and a...
Apple is set to unveil new smart-home devices at its "Welcome Home" event, marking a significant push into the smart-home market where it has lagged behind Amazon and Google. This move aims to strengthen Apple's ecosystem by making its hardware centr...
Meta Platforms' stock rose 3.38% following the launch of its new AI model, Muse Wonder, sparking positive investor sentiment and multiple Wall Street price target upgrades. Analysts from Bank of America, Wells Fargo, and Evercore ISI raised their pri...
Meta Platforms announced it will release its third quarter 2026 financial results after market close on October 21, 2026. The company will hold a conference call at 1:30 p.m. PT / 4:30 p.m. ET the same day to discuss the results, accessible via a liv...
