Meta Platforms, Inc. Class A Common Stock (META)
Zuckerberg and Meta investors reach settlement in $8B privacy case
Mark Zuckerberg and other current and former Meta executives have settled a lawsuit filed by a group of shareholders. They were seeking $8 billion for the damage the executives caused the company by allowing repeated violations of Facebook users' privacy in relation to the Cambridge Analytica scandal.
Zuckerberg Reaches Settlement With Meta Shareholders In $8 Billion Privacy Case, Report Says
This is a developing story.
Meta investors, Zuckerberg reach settlement to end trial over Facebook privacy litigation
A lawyer for Meta Platforms shareholders who were suing Mark Zuckerberg and other company leaders told a Delaware judge on Thursday that the parties had reached a settlement agreement, ending a $8 billion trial over Facebook's user privacy violations.
Meta Platforms (NASDAQ: META) Stock Price Prediction for 2025: Where Will It Be in 1 Year (July 17)
So far this year, one of the better performers among Magnificent 7 has been Meta Platforms Inc.
Investor Andreessen to take stand to defend his role in Facebook privacy case
Famed investor Marc Andreessen is scheduled to take the stand on Thursday to defend his role on the Facebook board of directors when it was hit with a $5 billion fine in 2019 for alleged violations of an agreement with a U.S. regulator to protect user privacy.
Meta Platforms Is Going All-In On AI
Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Despite potentially facing near-term margin pressure from heavy spending, I see long-term value in Meta's enterprise AI strategy and closed model monetization. Given the growth outlook and AI initiatives, I reiterate my BUY rating with a $775/share target, valuing META at 18.11x eFY26 EV/EBITDA.
Zuckerberg Faces Meta Shareholder Data Scandal Trial
Meta CEO Mark Zuckerberg is going to trial with shareholders over his management of the company's user data. Bloomberg's Riley Griffin discusses the case with Ed Ludlow on “Bloomberg Tech.
Meta set to outperform conservative Q2 guidance on AI momentum, ad rebound: analysts
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) will soon report its second quarter earnings amid growing optimism from Jefferies analysts, who point to better-than-expected revenue trends, strengthening ad metrics, and continued long-term investments in AI. The analysts upped their price target to $845 from $790, implying upside of 19% from current levels.
Mark Zuckerberg Goes On Trial Today In $8 Billion Meta Privacy Lawsuit—What To Know
The trial begins Wednesday in Delaware Chancery Court—as Meta is incorporated in the state—and will last for eight days. There's no jury in the trial and the judge will issue the verdict in the case.
Wall Street Bulls Look Optimistic About Meta Platforms (META): Should You Buy?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2025-2030 for July 16
Shares of Meta Platforms Inc. (NASDAQ: META) lost 3.03% over the past five trading sessions, but the Magnificent Seven mainstay remains up 18.38% year-to-date.
Meta reportedly scores two more high-profile OpenAI researchers
OpenAI researcher Jason Wei will join Meta's new Superintelligence Lab, reports Wired, citing two sources familiar with the matter. Another team member, Hyung Won Chung, may also join Meta.
