Jul 27 FTC aims to block Meta from buying VR company, fitness app By Marcy Gordon, Associated Press Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural. Continue reading
Jun 30 From the stock market to crypto, a punishing six months for investors By Alex Veiga, Stan Choe, Associated Press It's the worst start to a year for stocks in decades. Bonds are on pace for one of their worst performances in history, and cryptocurrencies have tumbled after soaring last year. Continue reading
Jun 28 Facebook and Instagram remove posts offering abortion pills to women facing lack of access By Amanda Seitz, Associated Press Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who may not be able to access them following a Supreme Court decision that stripped away constitutional protections for the procedure. Continue reading
Jun 09 Facebook’s system approved dehumanizing hate speech By Barbara Ortutay, Associated Press Facebook has failed another test of its ability to detect blatant, violent hate speech in advertisements submitted to the platform by the nonprofit group Global Witness. Continue reading
Jun 01 Watch 9:17 Supreme Court blocks Texas law preventing social media companies from controlling content The Supreme Court on Tuesday blocked Texas from enforcing a new law that would prevent social media platforms from banning users based on their viewpoint. The law is part of the Republican battle over what they say is censorship of… Continue watching
Jun 01 Sheryl Sandberg, longtime COO at Facebook, steps down By Barbara Ortutay, Associated Press Sandberg has led Facebook — now Meta's — advertising business and was responsible for nurturing it from its infancy into an over $100 billion-a-year powerhouse. Continue reading
Apr 23 EU deal will push Google, Facebook, others to police platforms against hate speech, disinformation By Kelvin Chan, Raf Casert, Associated Press European Union officials clinched the agreement in principle on the Digital Services Act after lengthy final negotiations that began Friday. The law will also force tech companies to make it easier for users to flag problems, ban online ads aimed… Continue reading
Jan 13 Twitter, Meta among social media giants subpoenaed by Jan. 6 panel By Farnoush Amiri, Associated Press The House committee investigating the Capitol insurrection has issued subpoenas to Twitter, Meta, Reddit and YouTube, demanding documents after lawmakers said the companies' initial responses were inadequate. Continue reading
Dec 24 Russian court slaps Google, Meta with massive fines By Uliana Pavlova, Associated Press A Moscow court has fined Google nearly $100 million and Facebook's parent company Meta $27 million over their failure to delete content banned by local law. Continue reading
Dec 08 WATCH: Senate subcommittee holds hearing on protecting kids on Instagram By Marcy Gordon, Associated Press Adam Mosseri, the head of Instagram, on Wednesday faced off with senators angry over revelations of how the photo-sharing platform can harm some young users and demanding that the company commit to making changes. Continue reading