Meta Ordered to Pay $25 Billion for Deceiving Users on Privacy
The penalty, one of the largest levied against a tech giant, stemmed from a lawsuit by New Mexico claiming the social media company had misled users about their data privacy.
Meta Raises Its A.I. Spending, as Cash Pressures Grow
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
How Mark Zuckerberg Pushed Meta to Shield Him From California’s Proposed Wealth Tax
The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.
