Meta investors, Zuckerberg reach deal to end $8bn trial Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed today to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users' privacy, a lawyer for the shareholders told a Delaware judge. Business • 17 Jul
Meta investors, Zuckerberg reach deal to end $8bn trial Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed today to settle claims seeking $8 billion for the damage they allegedly caused the company by allowing repeated violations of Facebook users' privacy, a lawyer for the shareholders told a Delaware judge. Business • 17 Jul
Facebook owner Meta backs EU digital majority age Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states. technology • 04 Jul
Facebook owner Meta backs EU digital majority age Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states. technology • 04 Jul
Meta's strong ad sales dampen tariff-induced fears Meta Platforms has reported a strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter, assuaging investor concerns over tariff-related economic growth fears. Business • 01 May
Meta's strong ad sales dampen tariff-induced fears Meta Platforms has reported a strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter, assuaging investor concerns over tariff-related economic growth fears. Business • 01 May
Facebook parent Meta launches standalone AI assistant app Facebook parent Meta Platforms has launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet's Google. Business • 29 Apr
Facebook parent Meta launches standalone AI assistant app Facebook parent Meta Platforms has launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet's Google. Business • 29 Apr
Irish-based Meta staff told of job cuts Irish-based staff at Facebook parent company Meta have begun finding out if they will be impacted by job cuts announced last month. Business • 12 Feb
Irish-based Meta staff told of job cuts Irish-based staff at Facebook parent company Meta have begun finding out if they will be impacted by job cuts announced last month. Business • 12 Feb
Meta's quarterly sales beat estimates but outlook muted Meta Platforms has beaten Wall Street expectations for fourth-quarter revenue but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off. Business • 30 Jan
Meta's quarterly sales beat estimates but outlook muted Meta Platforms has beaten Wall Street expectations for fourth-quarter revenue but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off. Business • 30 Jan
Meta to spend up to $65bn this year to power AI goals Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said today, joining a wave of Big Tech firms unveiling hefty investments to capitalise on the technology. Business • 24 Jan
Meta to spend up to $65bn this year to power AI goals Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said today, joining a wave of Big Tech firms unveiling hefty investments to capitalise on the technology. Business • 24 Jan
Meta and Amazon scale back diversity programmes Facebook owner Meta Platforms and Amazon.com are winding down diversity programmes ahead of Republican Donald Trump's return to the US presidency as conservative opposition to such initiatives grows louder. Business • 13 Jan
Meta and Amazon scale back diversity programmes Facebook owner Meta Platforms and Amazon.com are winding down diversity programmes ahead of Republican Donald Trump's return to the US presidency as conservative opposition to such initiatives grows louder. Business • 13 Jan
Meta shelves fact-checking programme in US Meta is ending its fact-checking programme in the US and replacing it with a "Community Notes" system similar to that on Elon Musk-owned X, the Facebook parent said today. Business • 08 Jan
Meta shelves fact-checking programme in US Meta is ending its fact-checking programme in the US and replacing it with a "Community Notes" system similar to that on Elon Musk-owned X, the Facebook parent said today. Business • 08 Jan
Irish Data Protection Commission fines Meta €251m The Irish Data Protection Commission has fined Facebook owner Meta €251m following a personal data breach that impacted around 29 million Facebook accounts globally, of which approximately three million were based in Europe. Business • 17 Dec 24
Irish Data Protection Commission fines Meta €251m The Irish Data Protection Commission has fined Facebook owner Meta €251m following a personal data breach that impacted around 29 million Facebook accounts globally, of which approximately three million were based in Europe. Business • 17 Dec 24
Facebook 'exposed to terrorist content' - regulator Media regulator Coimisiún na Meán has found that Facebook is "exposed to terrorist content". Business • 16 Dec 24
Facebook 'exposed to terrorist content' - regulator Media regulator Coimisiún na Meán has found that Facebook is "exposed to terrorist content". Business • 16 Dec 24
Revenues up 20% at Irish arm of Facebook owner to €69.7bn Revenues at the Dublin-based international headquarters for the operator of Facebook and Instagram last year surged by 20% or €11.69 billion to €69.75 billion in a record performance for the business. Business • 26 Nov 24
Revenues up 20% at Irish arm of Facebook owner to €69.7bn Revenues at the Dublin-based international headquarters for the operator of Facebook and Instagram last year surged by 20% or €11.69 billion to €69.75 billion in a record performance for the business. Business • 26 Nov 24
'Unskippable' ads to feature on Facebook and Instagram Some ads on Facebook and Instagram will be "unskippable for a few seconds" under new changes announced today by the platforms' parent company Meta. Ireland • 12 Nov 24
'Unskippable' ads to feature on Facebook and Instagram Some ads on Facebook and Instagram will be "unskippable for a few seconds" under new changes announced today by the platforms' parent company Meta. Ireland • 12 Nov 24
Meta projects sharp acceleration in AI costs Facebook owner Meta Platforms has warned of "significant acceleration" in artificial intelligence-related infrastructure expenses next year, while beating analysts' estimates for third-quarter revenue and profit. Business • 31 Oct 24
Meta projects sharp acceleration in AI costs Facebook owner Meta Platforms has warned of "significant acceleration" in artificial intelligence-related infrastructure expenses next year, while beating analysts' estimates for third-quarter revenue and profit. Business • 31 Oct 24
Meta's Zuckerberg says US govt pressured on Covid content Meta CEO Mark Zuckerberg has said that his company, Facebook, was pressured by the US government to censor Covid-19 content during the pandemic. World • 27 Aug 24
Meta's Zuckerberg says US govt pressured on Covid content Meta CEO Mark Zuckerberg has said that his company, Facebook, was pressured by the US government to censor Covid-19 content during the pandemic. World • 27 Aug 24
Australia to bring in anti-scam law targeting tech giants Australia plans to introduce a law by the end of the year forcing internet companies to proactively stop hosting scams or face hefty fines, the top consumer regulator said on Friday, potentially setting up another showdown with Big Tech. Business • 12 Jul 24
Australia to bring in anti-scam law targeting tech giants Australia plans to introduce a law by the end of the year forcing internet companies to proactively stop hosting scams or face hefty fines, the top consumer regulator said on Friday, potentially setting up another showdown with Big Tech. Business • 12 Jul 24
Denis O'Brien seeks court orders over "false" Meta ads Businessman Denis O'Brien is seeking High Court orders requiring internet giant Meta to provide him with information about those behind allegedly "false and malicious" advertisements containing his name and image that have been posted on its platforms. Business • 11 Jul 24
Denis O'Brien seeks court orders over "false" Meta ads Businessman Denis O'Brien is seeking High Court orders requiring internet giant Meta to provide him with information about those behind allegedly "false and malicious" advertisements containing his name and image that have been posted on its platforms. Business • 11 Jul 24
Meta's pay or consent model breached EU tech rules Meta Platforms was charged by EU antitrust regulators today for failing to comply with landmark tech rules as they took aim at the US company's newly introduced pay or consent advertising model, already the target of privacy regulators and activists' ire. Business • 01 Jul 24
Meta's pay or consent model breached EU tech rules Meta Platforms was charged by EU antitrust regulators today for failing to comply with landmark tech rules as they took aim at the US company's newly introduced pay or consent advertising model, already the target of privacy regulators and activists' ire. Business • 01 Jul 24
Italy watchdog fines Meta for unfair commercial practices Italy's competition regulator AGCM has fined Facebook and Instagram owner Meta for what it described as unfair commercial practices, the watchdog said today. Business • 05 Jun 24
Italy watchdog fines Meta for unfair commercial practices Italy's competition regulator AGCM has fined Facebook and Instagram owner Meta for what it described as unfair commercial practices, the watchdog said today. Business • 05 Jun 24
Meta faces EU investigation over child safety risks Meta Platforms' social media sites Facebook and Instagram will be investigated for potential breaches of EU online content rules relating to child safety, EU regulators said today, a move that could lead to hefty fines. Business • 16 May 24
Meta faces EU investigation over child safety risks Meta Platforms' social media sites Facebook and Instagram will be investigated for potential breaches of EU online content rules relating to child safety, EU regulators said today, a move that could lead to hefty fines. Business • 16 May 24
Meta in EU crosshairs for suspected tech rule breaches Meta Platforms' Facebook and Instagram have failed to tackle deceptive advertising and disinformation ahead of key European Parliament elections, the European Commission said today as it opened an investigation into suspected breaches of EU online content rules. Business • 30 Apr 24
Meta in EU crosshairs for suspected tech rule breaches Meta Platforms' Facebook and Instagram have failed to tackle deceptive advertising and disinformation ahead of key European Parliament elections, the European Commission said today as it opened an investigation into suspected breaches of EU online content rules. Business • 30 Apr 24
Facebook-owner Meta sees profits soar in first quarter Facebook-owner Meta has said its quarterly profits soared last quarter as the company continued to see stellar ad growth across its family of world-leading social media apps. Business • 25 Apr 24
Facebook-owner Meta sees profits soar in first quarter Facebook-owner Meta has said its quarterly profits soared last quarter as the company continued to see stellar ad growth across its family of world-leading social media apps. Business • 25 Apr 24
Facing the challenges of adulthood - Facebook turns 20 It's 20 years since Mark Zuckerberg launched Facebook from his Harvard dorm room, but this was the week when it finally embraced its place in corporate America, writes Adam Maguire. Business • 04 Feb 24
Facing the challenges of adulthood - Facebook turns 20 It's 20 years since Mark Zuckerberg launched Facebook from his Harvard dorm room, but this was the week when it finally embraced its place in corporate America, writes Adam Maguire. Business • 04 Feb 24
Facebook parent Meta declares first dividend, shares soar Meta Platforms has issued its first dividend days ahead of flagship social network Facebook's 20th anniversary, while reporting revenue and profit that beat expectations on robust ad sales in the Christmas shopping period. Business • 02 Feb 24
Facebook parent Meta declares first dividend, shares soar Meta Platforms has issued its first dividend days ahead of flagship social network Facebook's 20th anniversary, while reporting revenue and profit that beat expectations on robust ad sales in the Christmas shopping period. Business • 02 Feb 24
Meta moves to protect teens from unwanted messages Meta is building more safeguards to protect teen users from unwanted direct messages on Instagram and Facebook, the social media platform said today. Business • 25 Jan 24
Meta moves to protect teens from unwanted messages Meta is building more safeguards to protect teen users from unwanted direct messages on Instagram and Facebook, the social media platform said today. Business • 25 Jan 24
