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Meta leaders settle $8 billion lawsuit

Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

A settlement was announced Thursday in court in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and current and former company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.

CNA · 2h

Meta investors, Meta CEO Zuckerberg settle US$8 billion lawsuit over Facebook privacy violations

Meta CEO Mark Zuckerberg has agreed to settle a US$8 billion lawsuit brought by shareholders who accused the company’s leadership of failing to prevent repeated privacy violations. The last-minute dea

CBS News on MSN · 1d

Trial begins against Meta CEO Mark Zuckerberg, others over alleged Facebook privacy violations

The case is expected to run through late next week and include testimony from Meta CEO Mark Zuckerberg and former COO Sheryl Sandberg.

Meta Hires 2 Key Apple AI Experts

Reuters on MSN · 1h

Meta hires two Apple AI researchers for Superintelligence push, Bloomberg News reports

Meta Platforms has hired Apple artificial intelligence researchers Mark Lee and Tom Gunter for its Superintelligence Labs team, Bloomberg News reported on Thursday, as it intensifies its pursuit for top AI talent.

NDTV 24x7 on MSN · 28m

Meta Hires Two Key Apple AI Experts After Poaching Their Boss

Meta Platforms Inc. hired Mark Lee and Tom Gunter for its Superintelligence Labs team. Lee has started at Meta after leaving Apple in recent days, while Gunter will begin work in the near future.

AppleInsider · 53m

Meta has poached two more heavyweights from Apple's AI team

After luring one of Apple's chief AI researchers with a blockbuster pay package, Meta has now hired two more key members of his former team.

Scale AI, Meta

TechRepublic · 3h

Scale AI Lays Off Hundreds After $14.3B Meta Investment

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

UPI News on MSN · 1d

Scale AI lays off 14% staff after Meta gains 49% stake

Scale AI, a private U.S. artificial intelligence company, laid off 14% of staff after tech giant Meta took a $14.3 billion stake and hired its CEO last month.

San Francisco Examiner · 1d

Scale AI cutting 14% of staff, hundreds of contractors

Scale AI announced Wednesday it’s cutting 700 workers, doing so a little more than a month after Meta invested $14.3 billion in the San Francisco startup. Scale is laying off 200 employees, or about 14% of its staff,

24/7 Wall St.15h

Meta Platforms (NASDAQ: META) Stock Price Prediction for 2025: Where Will It Be in 1 Year (July 17)

As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 ...

21hon MSN

Publicis' CEO dismisses Meta threat, raises yearly growth guidance

French advertising firm Publicis on Thursday raised its full-year organic growth forecast following stronger-than-expected ...

1don MSN

How Meta’s CEO Is Pushing the AI Arms Race to Another Level

Game of Kings. Hi everyone. Thanks to Meta Platforms CEO Mark Zuckerberg, the price to compete in the AI arms race has just ...

SF tech startup lays off 200 month after Meta poaches CEO

Scale is cutting 200 full-time staffers, or 14% of the workforce, and around 500 contractors, spokesperson Natalia Montalvo told SFGATE on Wednesday, confirming a report from Bloomberg. Employees ...

15hon MSN

Factbox-Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley

(Reuters) -Meta CEO Mark Zuckerberg has pledged hundreds of billions of dollars towards building massive data centers, days ...

Zuckerberg Says Autonomy and Compute Power, Not Pay, Attracts Top AI Talent to Meta

Zuckerberg has pushed back against reports of compensation packages being the primary reason for top AI researchers joining the tech giant.

1don MSN

Meta and AWS are teaming up to win over developers in the AI race

For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most capable models; they’re also competing to get third-party developers to build ...

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