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Zuckerberg said Meta is working on eliminating layers of middle management as well as deploying AI tools to help engineers be more productive.

Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetise users' personal data.

It was not clear when or if Trump will return to the platforms, and his representatives did not immediately respond to a request for comment.

Former President Donald Trump has said that he will be holding a meeting with Meta's CEO, Mark Zuckerberg.

Tech bosses could be jailed in Britain if their platforms fail to protect children from online harm after the government agreed to toughen a proposed law to avoid the prospect of a first parliamentary defeat for the prime minister.

A U.S. appeals court on Wednesday revived a lawsuit accusing Alphabet Inc's Google and several other companies of violating the privacy of children under age 13 by tracking their YouTube activity without parental consent, in order to send them targeted advertising.

Facebook parent Meta has agreed to pay $725 million to settle a long-running lawsuit that accused the social network of allowing third parties, including Cambridge Analytica, to access users' private data.

Meta Platforms Inc boss Mark Zuckerberg defended his acquisition of a virtual reality fitness app to an antitrust judge on Tuesday, arguing that his company was helping to build a nascent virtual reality industry, not dominate it.

The move was the latest in a growing series of controversies generated by Musk in his short tenure at the helm of Twitter

Meta Platforms' Oversight Board recommended on Tuesday that the company revamp its system exempting high-profile users from its rules, saying the practice privileged the powerful and allowed business interests to influence content decisions.

"Goblin mode" has been declared the 2022 Oxford word of the year.

The first legal pushback against Apple was launched in France, where an association of online advertisers and content publishers filed a complaint with the Competition Authority.

A woman who was snatched away from her family when she was just a 21-month-old baby has finally been reunited with her family.

Ireland's data privacy regulator imposed a 265 million euro ($277 million) fine on social media giant Facebook on Monday, bringing the total it has fined parent group Meta to almost 1 billion euros.

Facebook owner Meta will lay off more than 11,000 of its staff in "the most difficult changes we've made in Meta's history", boss Mark Zuckerberg said on Wednesday.

A 34-year-old man livestreamed his suicide on Facebook in April this year, heard an inquest.

Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's overall costs by a fifth in the third quarter.

Britain's competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising.

Some of Britain's top open-ended property funds are rolling out new measures to manage investor exit requests, as challenges in meeting redemptions continue to rise amid a sell-off in some UK risk assets.

The Children's Health Defense (CHD), which has been a critic of Covid vaccines, immediately accused Meta of stifling its free speech rights.

Meta lost about two million monthly users between quarters, and Netflix shed nearly a million paying customers, which was less than expected.

Facebook-parent Meta reported on Wednesday its first quarterly revenue drop.

Facebook removes Afghan media pages controlled by Taliban

The risks of self-employment are exacerbated in the influencer industry by an absence of industry standards and little pay transparency.

France's anti-trust watchdog body said on Thursday that it had approved commitments made by Facebook owner Meta Platforms regarding the French online advertising sector.

Alphabet Inc unit Google, Facebook Inc, Twitter Inc and other tech companies will have to take measures to counter deepfakes and fake accounts on their platforms or risk hefty fines under an updated European Union code of practice, according to an EU document seen by Reuters.

Sandberg exit unlikely to improve Facebook: whistleblower

Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall Street analysts say her departure will not be as significant.

TikTok said the subscription feature being introduced this week will only be available to creators by invitation for now but will be expanded globally in coming months.

Despite the broad move away from technology, some hedge funds added to their positions in select companies.