Meta investors settle $8bn lawsuit with Zuckerberg
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WILMINGTON, Delaware, July 17 (Reuters) - A lawyer for Meta Platforms (META.O) shareholders who were suing Mark Zuckerberg and other company leaders told a Delaware judge on Thursday that the parties had reached a settlement agreement, ending a $8 billion trial over Facebook’s user privacy violations.
Meta CEO Mark Zuckerberg is no longer the second-richest person in the world. That title now belongs to Oracle founder Larry Ellison.
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The Daily Galaxy on MSNMark Zuckerberg Declares the End of Social Media as We Know It, and Unveils What’s Coming Next in the Digital WorldWe all know the story by now. The social media landscape has been around for over a decade, growing from simple digital hangouts to the juggernauts that dominate our daily lives. We’ve watched these platforms evolve,
(Reuters) -Meta CEO Mark Zuckerberg has pledged hundreds of billions of dollars towards building massive data centers, days after ratcheting up the AI race with the launch of a division made up of engineers poached from rivals he hopes to challenge.