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Trends
- 1German court rules Meta liable for scam ads●German court rules Meta liable for scam ads on Facebook and Instagram
A German court has ruled that Meta can be held liable for fraudulent advertisements run on Facebook and Instagram, a decision with potentially wide consequences for how platforms police paid content. The ruling challenges the long-standing practice of platforms disclaiming responsibility for ads, and is being closely watched across Europe as regulators and consumer advocates press for stronger accountability from major social media companies.
- 2Jury finds Facebook liable in Cambridge Analytica deception case●Jury finds Facebook liable for deceiving users in Cambridge Analytica case
A jury has found Facebook liable for deceiving users in the long-running Cambridge Analytica case, stemming from the scandal in which data from millions of users' profiles was harvested without proper consent and used for political targeting. The verdict marks a rare courtroom setback for Meta over its privacy practices. Observers are watching closely for the penalties the company now faces.
- 3Saudi Central Bank Raises Stake in Meta Platforms●Meta Platforms, Inc. $META Stock Holdings Raised by Saudi Central Bank
The Saudi Central Bank has increased its shareholding in Meta Platforms, according to a regulatory filing report. The move means the institution, which oversees Saudi Arabia's financial system, now holds a larger position in the parent company of Facebook, Instagram and WhatsApp. Market watchers flagged the disclosure as notable given Meta's recent stock performance and growing interest from sovereign-linked investors in major US technology firms.
- 4Meta bans Toronto performer over bikini photo●Meta bans another Toronto performer from Instagram and Facebook over Bikini
Meta has banned another Toronto performer from Instagram and Facebook, saying an old photo of dancers in bikinis promotes harm. It is the latest in a string of similar removals affecting the city's performers, raising questions about how the company's automated moderation treats harmless images and about the appeal process available to affected users.