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In a move to address the unchecked influence of social media platforms, the Australian government has announced a parliamentary inquiry into the operations of major players like Meta Platforms Inc.‘s (NASDAQ:META) Facebook, ByteDance‘s TikTok, and X, owned by Elon Musk. What Happened:...

Tech billionaire Elon Musk threw shade at rival Mark Zuckerberg after Meta Platforms Inc. (NASDAQ:META) was slapped with a $37.2 million fine by Turkey's competition board. What Happened: Musk agreed with a post on X, formerly Twitter, that "Meta can't be trusted" after it was fined by Turkey over...

Tesla and SpaceX CEO Elon Musk has once again accused Mark Zuckerberg-led Meta Platforms, Inc. (NASDAQ:META) for taking credit for traffic that actually originates from his social media platform, X, formerly Twitter. What Happened: Musk’s comments came in response to...

Tesla and SpaceX CEO Elon Musk has once again taken to his social media platform X, formerly Twitter, targeting a company owned by former Facebook co-founder Dustin Moskovitz. What Happened: On Sunday, Musk responded to a post criticizing Moskovitz’s company, Asana Inc. (NYSE:ASAN), for its...

In a digital showdown echoing past corporate scandals, Facebook co-founder Dustin Moskovitz set off a firestorm on Thursday, leveling allegations of fraudulent practices against Elon Musk’s Tesla (NASDAQ:TSLA). Comparing Tesla’s actions to the notorious downfall of Enron, Moskovitz...

Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg has revealed that over 50% of the content on Instagram and 30% of posts on Facebook are now recommended by artificial intelligence. What Happened: Zuckerberg made this revelation during Meta’s first-quarter financial results announcement...

Social media and technology company Meta Platforms (NASDAQ:META) reported first-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Meta reported first-quarter revenue of $36.45 billion, which was up 27% year-over-year. The revenue came in ahead...

Wedbush analysts believe that while Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL) could be the "likely buyers" of social media platform TikTok, Meta Platforms Inc.'s (NASDAQ:META) Mark Zuckerberg and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Sundar Pichai could emerge as the real...

Meta Platforms Inc.'s (NASDAQ:META) AI chatbot reportedly claimed to be a parent with a “twice exceptional” child in a New York City Facebook group. The AI’s responses, initially mistaken for those from a human, have sparked concerns about the authenticity of online interactions....

Facebook, now Meta Platforms Inc. IPO in 2012 created a few billionaires and several millionaires. The social network's co-founders were among the youngest billionaires at the time, and the returns on their original investments were extremely profitable. So much so that Eduardo Saverin, who was a...

A criminal trial against former President Donald Trump kicked off Monday, April 15 with jury selection and an outline of what's to come for the case. On Tuesday, the jury selection process continued and the social media accounts of prospective candidates took center stage. What Happened: On Tuesday...

Amid ongoing scrutiny over social media’s impact on youth, a recent court decision has brought some relief to Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg. What Happened: On Monday, a judge partially dismissed claims against Zuckerberg in a series of lawsuits that charged him with...

The decision by Meta Platforms Inc. (NASDAQ:META) to block news links in Canada has reportedly led to a surge in right-wing content and could potentially disrupt political discourse. What Happened: Meta’s move to block news links in Canada, rather than pay media companies for their...

Tesla and SpaceX CEO Elon Musk has once again taken a jab at Meta Platforms Inc.’s (NASDAQ:META) advertising system as reports about advertisers complaining about glitches surfaced. What Happened: On Wednesday, in response to a user’s post on X, formerly Twitter, Musk likened...

Twelve years ago today, social media company Facebook, which is now known as Meta Platforms Inc (NASDAQ:META) announced a $1 billion acquisition of mobile photo-sharing app Instagram. The acquisition happened shortly before the company's IPO and was criticized due to its massive price tag for a...