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2 mins read

Mark Zuckerberg isn't personally liable for any harm caused to children by Facebook and Instagram, judge says

Over two dozen lawsuits accuse Mark Zuckerberg's platforms of being dangerously addictive to childr…

Lauren Edmonds,Kenneth Niemey…   


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1 min read

Facebook parent Meta erases $53 billion in market value after Snap warning rips social media stocks

The warning from Snap altogether erased more nearly $200 billion in combined market value for socia…

Matthew Fox   


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1 min read

Snap's CEO said his company doesn't use the word 'metaverse' because it's 'hypothetical' and people 'actually love the real world'

People "want to be together in person with their friends," Snap cofounder and CEO Evan Spiegel told…

Isobel Asher Hamilton   


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3 mins read

Facebook and Snap sued by the family of teenager who says he became addicted to the apps and killed himself

The family of Christopher Dawley, who died at 17, alleges the social-media platforms are responsibl…

Kali Hays   


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US tech futures rise after blockbuster earnings from Amazon and Snap ahead of non-farm payrolls

Strong fourth-quarter earnings from Amazon and Snap helped boost tech stocks, as investors waiting …

Hamza Fareed Malik   


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Snap, Twitter, and Pinterest sink as Facebook parent Meta's Q4 earnings shock hits social media stocks

Meta's poor Q4 earnings triggered a slide in social media stocks, with Snap tumbling as much as 19%…

Shalini Nagarajan   


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3 mins read

Laid-off Snap employees are fielding dozens of messages from TikTok, Facebook, and Netflix recruiters

Recruiters from TikTok, Facebook, and Netflix are clamoring to interview former Snap employees who …

Jordan Parker Erb   


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Facebook is the most obvious stock to gain exposure to the metaverse, but here are 4 others that are set to benefit from the Web3 revolution

The metaverse may see a total addressable market of over $8 trillion, Morgan Stanley analysts said.

Isabelle Lee   


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1 min read

Instagram and Facebook are reeling in TikTok

Reels, Meta's short-form video service, is being used by a lot more Instagram and Facebook users. T…

Alistair Barr   


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1 min read

Meet the 15 youngest billionaires in America

Facebook CEO Mark Zuckerberg holds an American flag while surfing. He is the wealthiest billionaire…

Ben Gilbert   


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2 mins read

Snap soars 50% after posting its first-ever profitable quarter and recovering from Apple's privacy changes

What may have worked better for Snap, in contrast to Meta, is that it has star-appeal for young soc…

Shalini Nagarajan   


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1 min read

Meta signs huge lease, allowing it to snap up 33 floors of Austin's soon-to-be largest skyscraper

Facebook's parent company Meta is growing its office presence in Austin, Texas, by leasing all of S…

Zahra Tayeb   


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4 mins read

All the actions big tech companies have taken against Trump's social media accounts following the US Capitol siege

Platforms like YouTube, Facebook, and Twitter have removed a video of Trump telling rioters "we lov…

Brittany Chang   


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1 min read

Social media stocks fall after dismal Snap earnings as investors fret over ad sales slowdown

The social media sector is reeling from Snap's disappointing quarterly earnings report, as investor…

Jennifer Sor   


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3 mins read

Connecticut mother sues Meta and Snap, alleging they contributed to suicide of 11-year-old daughter who had 'extreme addiction' to social media

In the suit, Tammy Rodriguez claims her 11-year-old daughter Selena developed an "extreme addiction…

Sarah Jackson   


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2 mins read

Mark Zuckerberg snapped up more land in Hawaii for $17 million, adding to his controversial 1,500-acre estate on Kauai

Zuckerberg's Hawaiian estate, which he nicknamed Ko'olau Ranch, has grown to over 1,400 acres on Ka…

Avery Hartmans   


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3 mins read

Snap CEO credits AR lenses, short videos for its first profit in over 10 years — says India expansion was 'successful’

“The fourth quarter marked the end of an exciting and productive year for Snap. We grew our comm…

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1 min read

Apple's iPhone privacy upgrade cost Facebook, YouTube, Twitter, and Snap nearly $10 billion in ad revenue, report says

Apple introduced a privacy change for iPhones in April that forces apps to ask users' permission be…

Isobel Asher Hamilton   


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2 mins read

Snap's profit warning shocked stock investors this week. Morgan Stanley lays down why more are coming that could drive markets 10% lower

"It seems inevitable that there was going to be some payback in corporate earnings this year," inve…

Hamza Fareed Malik