Facebook-parent Meta Platforms on Tuesday announced its second round of firing. It said it would cut 10,000 jobs in this round of mass layoffs. Only about 4 months back, the company had let go 11,000 employees.  "We expect to reduce our team size by around 10,000 people and to close around 5,000 add...

Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users' personal information. The proposed settlement, which was disclosed in a court ling late on Thu...

A European regulator hit Facebook parent company Meta with a fine of 265 million euros, or more than $276 million, as punishment after data on more than half a billion users was "scraped" and leaked online.   Ireland’s Data Protection Commission said Meta Platforms failed to protect users’ date, vio...