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Meta Platforms Inc Class A (META)

Market Closed
16 Oct, 08:00 PM
NASDAQ (NGS) NASDAQ (NGS)
$
709. 33
-27.39
-3.7178%
$
1.89T Market Cap
29.59 P/E Ratio
0.01% Div Yield
20.59M Volume
14.35 Eps
$ 736.72
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Day Range
702.71 738.49
Year Range
520.26 779.82
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Time limits and a midnight cutoff: Meta's new rules for kids go further, but critics say not enough

Time limits and a midnight cutoff: Meta's new rules for kids go further, but critics say not enough

Kids under 18 will soon see a host of changes to their Instagram and Facebook experiences thanks to a historic $18 billion settlement Meta Platforms reached Wednesday with 48 U.S. states.

Techxplore | 1 month ago
South Korea media commission says Meta's youth protection changes should apply globally

South Korea media commission says Meta's youth protection changes should apply globally

South Korea's media regulator ​said on Thursday ‌Meta's measures to better protect young users ​from potentially addictive ​social media features should ⁠ideally be ​applied to young users ​worldwide, rather than just in specific markets.

Reuters | 1 month ago
New Teen Safety Measures for Instagram and Facebook Are Coming. Will They Work?

New Teen Safety Measures for Instagram and Facebook Are Coming. Will They Work?

As part of its $18 billion settlement with 48 states, Meta agreed to add these restrictions to youth accounts within six months.

Wsj | 1 month ago
Meta's $18B child-safety deal hinges on age verification tech that doesn't work well

Meta's $18B child-safety deal hinges on age verification tech that doesn't work well

Meta reached an $18 billion settlement on Wednesday over a lawsuit brought by 29 U.S. states concerning children's safety. The settlement is historic in scale as Meta agrees with a group of 52 attorneys general to implement sweeping changes to how minors use Instagram and Facebook.

Techcrunch | 1 month ago
Meta's historic $18 billion settlement may mean little for the plight of teens

Meta's historic $18 billion settlement may mean little for the plight of teens

On Wednesday, Meta reached an agreement with attorneys general across states, Washington, DC, and US territories that had brought claims the design of the company's apps had harmed children. The company will pay up to $18 billion in penalties and alter its apps to potentially limit the amount of time teens spend on them daily.

Businessinsider | 1 month ago
Meta has agreed to limit teens to just two hours daily on Facebook and Instagram — and it's pushing competitors to do the same

Meta has agreed to limit teens to just two hours daily on Facebook and Instagram — and it's pushing competitors to do the same

Mark Zuckerberg and Co. are implementing landmark restrictions as part of a massive settlement, and they're urging Snap, TikTok and YouTube to follow suit.

Nypost | 1 month ago
Meta Platforms: Time To Load Up On This Bargain

Meta Platforms: Time To Load Up On This Bargain

As the S&P 500 has inched higher, Meta has sold off by another 10% in recent months. The company's improving ad-ranking algorithms, combined with the network effect, are powering impressions and average price per ad growth. Meta possesses an AA- S&P credit rating with a stable outlook.

Seekingalpha | 1 month ago
Meta calls out YouTube, TikTok after historic $18 billion settlement

Meta calls out YouTube, TikTok after historic $18 billion settlement

Meta's deal to settle a federal lawsuit alleging it fueled a teen mental health crisis has a major caveat – its chief rivals TikTok and Google-owned YouTube must agree to make the same safety changes to their apps before Mark Zuckerberg will pay the full settlement.

Nypost | 1 month ago
Wall Street Lunch: Meta Settles Minors' Addiction, Data Privacy Claims For $12.7B

Wall Street Lunch: Meta Settles Minors' Addiction, Data Privacy Claims For $12.7B

Meta Platforms (META) settled for $12.7B over allegations of addictiveness and privacy violations targeting minors on Facebook and Instagram. The core PCE Price Index rose 0.2% in July, matching the consensus and ticking up from 0.1% in June.

Seekingalpha | 1 month ago
After Meta Settlement, Here's What Is Changing For Teens on Instagram and Facebook

After Meta Settlement, Here's What Is Changing For Teens on Instagram and Facebook

Meta agreed to set more time limits and enhance protections in its platforms for young users, but was short on some specifics.

Nytimes | 1 month ago
What Does $17.1 Billion Mean for Meta?

What Does $17.1 Billion Mean for Meta?

The Silicon Valley company agreed to pay up to $17.1 billion in penalties as part of a landmark settlement with states over social media addiction claims.

Nytimes | 1 month ago
Meta, US states agree to a $16.7 billion settlement in landmark teen safety case

Meta, US states agree to a $16.7 billion settlement in landmark teen safety case

Meta agreed to pay a coalition of U.S. states as much as $16.7 billion and to impose sweeping new limits on how teenagers use Facebook and Instagram, according to a court filing Wednesday that ends a landmark trial in California.

Techxplore | 1 month ago
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