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Meta investors settle $8bn lawsuit with Zuckerberg

Settlement reached in investors’ lawsuit against Meta CEO Mark Zuckerberg and other company leaders

A settlement has been reached in a class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.

Bloomberg on MSN · 5h

Meta Investors Settle Suit With Zuckerberg, Other Officials

Meta Platforms Inc. investors say they have reached a settlement with current and former directors at the company to end a multibillion-dollar case in Delaware.

TechCrunch on MSN · 7h

Zuckerberg and Meta investors reach settlement in $8B privacy case

The shareholders' lawsuit alleges Facebook execs intentionally violated an FTC agreement by sharing user data with third-party apps without user consent.

Meta, AI and Data Center

Fast Company · 5h

Meta is using tents to build its giant AI data centers

Meta is using weatherproof tent structures to house AI infrastructure, in a bid to build data centers as quickly as possible.

CNET · 2d

Data Centers Are 'AI Factories.' Google and Meta Are Spending Big Bucks to Build Them

It's not just the spending that will be big. Meta's Mark Zuckerberg envisions a single data center, the footprint of which would occupy as much acreage as a good chunk of Manhattan.

Que.com on MSN · 20h

Meta’s Massive Manhattan-Sized Data Center Marks New AI Era

In an age where data is often considered the world’s most valuable resource, Meta’s latest technological venture a data center

Scale AI, Meta and Staff

TechRepublic · 5h

Scale AI Lays Off Hundreds After $14.3B Meta Investment

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

UPI News on MSN · 23h

Scale AI lays off 14% staff after Meta gains 49% stake

Scale AI, a private U.S. artificial intelligence company, laid off 14% of staff after tech giant Meta took a $14.3 billion stake and hired its CEO last month.

Bloomberg on MSN · 1d

Scale AI to Cut 14% of Staff Following Meta Investment

The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.

Zuckerberg, Superintelligence and Meta

Reuters · 8h

Zuckerberg's Meta Superintelligence Labs poaches top AI talent in Silicon Valley

The move is a bid to catch up with rivals such as OpenAI, Google and Anthropic after the poor performance of the Facebook parent's Llama 4 model.

TechRepublic · 22h

Mark Zuckerberg: Meta’s Plan is to ‘Deliver Personal Superintelligence to Everyone’

In a recent interview about Meta’s superintelligence strategy, Zuckerberg revealed what he believes is an under-reported strategic advantage for recruiting AI researchers.

AOL · 1d

Zuckerberg is pouring billions into plans for 'personal superintelligence'

In a Threads post on Monday, Zuckerberg revealed plans to spend hundreds of billions of dollars building several massive AI data centers across the US, including one that will come online as soon as next year.

4hon MSN

Meta appoints generative AI VP to run Threads

Meta appointed Connor Hayes, Meta’s VP of product for generative AI, to become the head of Threads, per Axios. Until now, ...

Meta’s Latest AI Gamble: Building Two Massive Data Centres to Achieve Superintelligence

Many of Meta’s competitors have multi-gigawatt sites planned, including Oracle, Google, OpenAI, and Amazon. TechRepublic ...

12h

ByteDance surpasses Meta, plus Jensen Huang's fruitful trip in Beijing

This was originally published in the Artificial Intelligencer newsletter, which is issued every Wednesday. Sign up here to ...

+30 relevant news

CNET39m

I Don't Think I Can Pull Off Wearing Meta's Oakley Glasses

The sports-targeted Oakley HSTN glasses are here for the summer, promising better battery life. But am I sporty enough?

2don MSN

Meta built its AI reputation on openness — that may be changing

Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, ...

Meta Cracks Down On AI-Generated Facebook Spam

Meta will begin removing monetization privileges and stop recommending content from accounts that repeatedly post unoriginal ...

24/7 Wall St.8h

Will Amazon or Meta Be Next to Hit a $4 Trillion Market Cap?

Nvidia (NASDAQ:NVDA) stock was the first-ever company to hit a $4 trillion market cap. As the GPU colossus looks to $5 ...

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Meta investors settle $8bn lawsuit with Zuckerberg

Meta, AI and Data Center

Scale AI, Meta and Staff

Zuckerberg, Superintelligence and Meta

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