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Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of Instagram and WhatsApp. [1]
Metacapital Management v. Meta Platforms Inc. May 10, 2024, it was announced that Mata Capital Management and Meta Platforms had resolved the trademark issue and agreed to a settlement in principle. Metacapital Management has been using the name since 2001 and Meta Platforms was the new rebranded name from Facebook in 2021. [141]
Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta's proxy statement about their ability to ensure the safety of children ...
(Reuters) -Facebook parent company Meta must face lawsuits by U.S. states accusing it of fueling mental health problems among teens by making its Facebook and Instagram platforms addictive, a ...
Facebook owner Meta Platforms will face trial in April over the U.S. Federal Trade Commission's allegations that the social media platform bought Instagram and WhatsApp to crush emerging ...
The decision reverses a California federal judge's dismissal of a lawsuit by Purus ... -A U.S. appeals court on Thursday revived a software engineer's proposed class action claiming Meta Platforms ...
By Mike Scarcella and Jody Godoy (Reuters) -Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of illegally using facial ...
More than 140 school districts have filed similar lawsuits against the industry that are also before Gonzalez, and 42 states plus the District of Columbia last month sued Meta for youth addiction ...