Category : Search result: Meta lawsuit


Meta Buys Limitless, Maker of AI Recording Pendant

Meta acquires AI startup Limitless, maker of a $99 wearable pendant that records conversations and generates summaries. This signals Meta's push into AI hardware beyond Ray-Ban glasses. Read more.

Meta's Phoenix Glasses Delayed to 2027

Meta postpones its Phoenix mixed-reality glasses launch to 2027 for a polished device. The lightweight goggles face budget cuts in the metaverse division. Read the full report.

Massachusetts Court Hears Lawsuit Against Meta

Massachusetts' highest court hears arguments in a lawsuit alleging Meta designed addictive features on Facebook and Instagram for young users. Read the latest on this landmark case.

Meta Cuts 30% from Metaverse, Shifts Billions to AI

Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.

Meta to Slash Metaverse Budget by Up to 30%

Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.

Meta Wins Antitrust Case Against FTC

A US court ruled Meta does not hold a monopoly, dismissing an FTC case that sought to break up the company by forcing it to spin off Instagram and WhatsApp.

Purdue Pharma $7B Opioid Settlement Gets Court Nod

Federal judge approves Purdue Pharma's bankruptcy plan requiring Sackler family to pay $7 billion and surrender company ownership. Thousands of opioid victims to receive compensation in historic settlement.

UK Telecoms Face £3.2B Loyalty Penalty Lawsuit

Vodafone, EE, O2, and Three UK face a massive £3.2 billion lawsuit for allegedly overcharging loyal customers. A London tribunal has allowed the case to proceed. Discover the full story.

Page 1 of 4