Technology & AI

Meta ordered to pay $25B in case related to Cambridge Analytica scandal

Source: TechCrunch · Published

Meta ordered to pay $25B in case related to Cambridge Analytica scandal
Source: TechCrunch

The payout is related to a recent trial involving the social media giant that revolved around its data privacy practices.

The payout is related to a recent trial involving the social media giant that revolved around its data privacy practices.

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Meta to create a new class of shares to fund AI push
Technology & AI

Meta to create a new class of shares to fund AI push

Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday , the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027

The Verge ·