Metaverse Convergence (META) news

Meta Platforms (META.US) announces the launch of new Meta AI features for small businesses.

Meta Platforms (META.US): Launches Meta Startup School to accelerate the development of early-stage startups. The first session of the Startup School will start on September 1, 2026.

Meta Platforms (META.US) Oversight Board: Urges Meta to broaden policy exemptions for content aimed at raising public awareness.

Meta Just Went to Trial Against 29 States — And Zuckerberg Is Expected to Testify

Meta Platforms Inc. Stock Slides 4.4%, Underperforms Peers

A lawyer from the California Attorney General's office told the jury in court that, for years, Meta Platforms (META.US) has been deceiving the public by using its technology to target children on Facebook and Instagram, aiming to turn them into addicted users in order to increase advertising revenue. In this landmark trial held at the federal court in Oakland, California, the attorney stated in opening arguments that the 29 states suing Meta are seeking to hold the company accountable for misle

Meta’s “Life-or-Death Lawsuit” Begins Today: 29 State Attorneys General Join Forces to Hold Them Accountable, Defeat Could Lead to $1.4 Trillion “Sky-High” Fine

The lawsuit alleges that Facebook and Instagram were deliberately designed as "addictive products," causing harm to tens of millions of underage users. Meta has estimated its maximum potential fine exposure at $1.4 trillion, nearly matching its current market capitalization. Mark Zuckerberg will personally testify in court, and the verdict may reshape the entire business model of the social media industry.

US Stocks Movement | Meta (META.US) falls over 3%, faces potential maximum fine of $1.4 trillion

Meta Platforms, Inc. Stock Sinks Below Key Averages as $1.4 Trillion Trial Opens

What to Know as Meta Goes to Trial -- WSJ

29 states join forces! Meta (META.US) accused of "inducing addiction", faces up to $1.4 trillion in penalties

Meta is facing a jury trial in federal court after being accused of intentionally designing Facebook and Instagram to encourage addiction among young users.

Meta (META.US) and BlackRock (BLK.US) $14 Billion Data Center Faces 'Insurance Black Hole': Only 3.2% Coverage, Lenders May Face Billions in Risk

According to reports, the $14 billion data center in Texas jointly built by Meta and BlackRock is facing insurance risks.

BRIEF-Tiger Global cuts stake in Microsoft, Meta; Takes stake in SpaceX

A SanDisk executive stated that Meta Platforms will join relevant groups to jointly develop an open standard for high bandwidth flash (HBF).

Under Australia's social media ban, Meta (META.US) has shut down over 750,000 underage accounts

Under Australia’s social media ban, Meta (META.US) has shut down more than 750,000 underage accounts

Meta stated that since Australia officially implemented its landmark social media ban for teenagers last year, the company has removed more than 750,000 Instagram and Facebook accounts in the country that were deemed to belong to users under the age of 16.

Meta Platforms stated that since it began complying with Australia's teenage social media ban last year, the company has restricted access to over 750,000 Instagram and Facebook accounts in Australia that were believed to belong to users under the age of 16. Meta said on Thursday that this figure includes more than 500,000 accounts removed by the company before the law came into effect in December last year, as well as accounts that have been shut down since then. These include 462,000 Instagra

Meta COO Javier Olivan sells USD 959,214 of Meta common stock

Meta PR Goes Back to Playing Offense -- Barrons.com

Meta Platforms (META.US): The company has announced a partnership with the North America’s Building Trades Unions (NABTU) to support technology workers.

Facing lawsuits from 29 U.S. states! Meta (META.US) faces "existential" legal pressure as Facebook's infinite scroll and recommendation algorithm confront regulatory overhaul

Facing Lawsuits from 29 U.S. States! Meta (META.US) Confronts "Existential" Legal Pressure as Facebook's Infinite Scroll and Recommendation Algorithms Face Regulatory Overhaul

Meta is in court with 29 states, facing the biggest test yet in lawsuits concerning teenage social media use. Meta stated that potential losses could reach $1.4 trillion, close to its $1.5 trillion market value.

BRIEF-Meta Threads Is Now Available As A Native VR App On Meta Quest

Meta Platforms (META.US): Threads is now available as a native VR app on Meta Quest.

Meta Q2 2026 Earnings Highlights: Revenue Beats Expectations at $60.8 Billion with 28% Growth, Strong Advertising Performance, but Profit Declines, Free Cash Flow Hits Four-Year Low, and Q3 Guidance Disappoints