Meta Platforms report and shares
Shares in Meta Platforms (FB), formerly Facebook, which has lost 10% in the past six months, fell 22.9% in after-hours trading on Wednesday after the social media giant released a disappointing 20...
Facebook's earnings
Facebook reported record revenue growth in the second quarter. However, Facebook shares fell after the company's chief financial officer warned that it expected a "significan...
Breaking state law
Facebook has agreed to pay $550 million to settle a class action lawsuit filed by Illinois residents, the New York Times reports. Each of the 1.6 million people who filed a complai...
Companies rating
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