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The District of Columbia on Monday sued Meta chief Mark Zuckerberg, seeking to hold him personally liable for the Cambridge Analytica scandal, a privacy breach of millions of Facebook users’ personal data that became a major corporate and political scandal. DC Attorney General Karl Racine filed the civil lawsuit against Zuckerberg in DC Superior Court. The lawsuit
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Twitter will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the social media company will complete its deal to be acquired by billionaire Elon Musk at the agreed-upon price. The Tesla chief executive tweeted on May 13 that the $44 billion (roughly Rs. 3,41,300 crore) acquisition was “temporarily on hold” while
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US securities regulators have pulled their punches in dealings with Elon Musk largely because an April 2019 court hearing on a statement he made about Tesla on Twitter didn’t go their way, according to four sources with knowledge of the matter. The US Securities and Exchange Commission (SEC) asked the court to hold the billionaire in contempt,
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TikTok on Monday said it will start letting some popular accounts at the video-snippet streaming star charge subscriptions for live streams. Similar money-making tools have been added to rivals such as Instagram and Facebook as the social media platforms compete for online personalities that attract audiences. “LIVE Subscription is an extension of our efforts to
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Meta on Tuesday launched 3D avatars on Instagram stories and direct messages (DMs) in India. The Facebook parent company has also unveiled updated avatars for Facebook and Messenger with options for customisation. The avatars have new facial shapes that let users replace their appearance on these platforms with virtual characters. The updated avatars also include
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Facebook owner Meta Platforms will share more data on targeting choices made by advertisers running political and social-issue ads in its public ad database, it said on Monday. Meta said it would also include detailed targeting information for these individual ads in its “Facebook Open Research and Transparency” database used by academic researchers, in an
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Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis. Starting Thursday, the platform will no longer automatically recommend or emphasise posts that make misleading
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Brazilian President Jair Bolsonaro called Elon Musk’s proposed takeover of Twitter a “breath of hope” as the two met in Brazil on Friday, adding he hoped the US billionaire would help end the “lies” about his widely criticised stewardship of the Amazon rainforest. Bolsonaro and Musk, the CEO of electric carmaker Tesla and rocket company SpaceX,
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Schroders, Britain’s biggest listed asset manager, said on Wednesday it would back a swathe of shareholder resolutions at Amazon, Meta and Google-owner Alphabet concerning workers’ and digital rights. Schroders, which manages around GBP 730 billion (roughly Rs. 70,65,210 crore), said it was declaring its intention to vote against management on the issues as an escalation
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WhatsApp is introducing free cloud-based API services in a push to get more businesses using the app, Meta Platforms CEO Mark Zuckerberg announced at the company’s messaging event on Thursday. The messaging service, which has increasingly courted business users, is one of several platforms where Facebook-owner Meta has launched more shopping and business-focused features. Zuckerberg,
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An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and Tesla CEO Elon Musk responded with harsh tweets including that “ESG is a scam”. In
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