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Meta to settle Cambridge Analytica case for $725m

Facebook owner Meta Platforms has agreed to pay $725m to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information.
Business • 23 Dec 22

IDA has 'healthy pipeline' for 2023 despite challenges

IDA Ireland client companies are generally optimistic on the prospects for their businesses, despite the current challenges and uncertainty in the global environment, the agency has told an Oireachtas committee.
Business • 09 Nov 22

Meta raises $10 billion in first ever bond offering

Facebook-parent Meta Platforms has raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.
Business • 10 Aug 22

Meta slams German antitrust watchdog's 'flawed' order

Meta Platforms, owner of Facebook, has today criticised a landmark German competition order to curb its data collection as "clearly flawed" and which undermines EU data protection rules.
Business • 10 May 22

Meta's huge share price drop shakes world tech stocks

Shares in Facebook owner Meta fell 20% in US premarket trade today after the social media giant issued a dismal forecast, blaming Apple's privacy changes and increased competition.
Business • 03 Feb 22

Meta says new AI supercomputer will be world's fastest

Facebook parent Meta Platforms has said that its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when completed in mid-2022.
Business • 25 Jan 22

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