Meta Platforms | DD News

May 25, 2026 12:19 PM

How Meta is reshaping its operations to become an AI powerhouse

Meta Platforms has initiated a major restructuring exercise as the social media giant intensifies its focus on artificial intelligence to strengthen its position in the rapidly evolving AI industry. According to reports, the company last week laid off around 8,000 employees globally while reassigning another 7,000 workers to artificial intelligence-related roles, signalling a significant operational shift towards becoming an AI-first organisation. The restructuring comes as Meta Platforms plan...

May 22, 2026 10:17 AM

Meta settles first US case over school costs tied to youth mental health, court filing shows

Meta Platforms on Thursday settled the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred to combat a mental health crisis allegedly fueled by platforms. The agreement fully resolves a lawsuit brought by Breathitt County School District in eastern Kentucky, following earlier settlements by co-defendants Alphabet's YouTube, Snap and TikTok. The case had been scheduled for a June 15 trial in federal court in Oakland, Califo...

May 4, 2026 3:52 PM

New Mexico seeks changes to Meta platforms in youth harm trial

A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to make changes. The case, which will be tried before a judge in Santa Fe, stems from a lawsuit filed by New Mexico Attorney General Raúl Torrez, a Democrat, accusing the social media giant of designing its platforms to addict young users and failing to protect childr...

April 30, 2026 1:08 PM

Meta shares fall on concerns over AI spending, legal scrutiny

Meta Platforms raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence infrastructure even as it confronts potential losses from a global youth backlash against social media. The Facebook and Instagram parent projected 2026 capital expenditure between $125 billion and $145 billion, compared with its prior forecast of $115 billion to $135 billion. Shares of the company fell more than 6% in extended trading. Meta also warned t...

September 22, 2025 5:34 PM

Meta’s AI system Llama approved for use by US government agencies

U.S. government agencies will be able to use Meta Platforms' artificial intelligence system Llama, a senior administration official said, as the Trump administration pushes to integrate commercial AI tools into government operations. The General Services Administration, the government's purchasing arm, will add Llama to its list of approved AI tools for federal agencies, said Josh Gruenbaum, the GSA's procurement lead, in an interview ahead of announcing the initiative. Agencies will then be a...

October 29, 2024 12:17 PM

Brazil institute sues social media giants for $525 mln over usage by minors

Brazil's Collective Defense Institute, a consumer rights group, has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok, Kwai and Meta Platforms for allegedly failing to create mechanisms to prevent indiscriminate use of these social media platforms by minors, according to initial petitions reviewed by Reuters. WHY IT'S IMPORTANT Social media regulation has become a hot topic in Latin America's largest country after a months-long feud between X own...

September 18, 2024 11:00 AM

Meta faces hefty EU antitrust fine over classified ads practices: report

Meta Platforms Inc. is facing a hefty fine in the EU over its alleged efforts to dominate the classified advertising market, the Financial Times reported on Wednesday, citing people familiar with the matter. EU regulators will claim Facebook's parent company links its free Marketplace services with the social network in an effort to undermine its rivals, the newspaper said. The bloc's decision could come as early as next month and would mark one of the final investigations overseen by the EU's...

September 17, 2024 5:43 PM

Instagram rolls out teen account with privacy, parental controls as scrutiny mounts

Meta Platforms is rolling out special accounts with new privacy settings for teenaged Instagram users, it said on Tuesday, its latest effort to limit their exposure to harmful content on its apps amid regulatory pressure. The social media firm said it will port all designated accounts automatically to teen accounts, which will be private accounts by default. Users of such accounts can only be messaged and tagged by accounts they follow or are already connected to, while sensitive content setti...

July 24, 2024 5:51 PM

Facebook removes 63,000 accounts in Nigeria over ‘sextortion’ scams

Meta Platforms said on Wednesday it had removed about 63,000 Facebook accounts in Nigeria that attempted to engage in financial sexual extortion scams mostly aimed at adult men in the United States. Nigerian online fraudsters, known as "Yahoo boys", are notorious for scams that range from passing themselves off as people in financial need or Nigerian princes offering an outstanding return on an investment. Meta said in a statement the removed accounts also included a smaller coordinated networ...

July 3, 2024 12:29 PM

Meta to end ban on the word ‘shaheed’ on oversight board’s recommendations

Meta Platforms said on Tuesday it would lift its blanket ban on the word "shaheed", or "martyr" in English, after a year-long review by its oversight board found the social media giant's approach was "overbroad". The company has been criticized for years over its handling of content involving the Middle East, including in a 2021 study Meta itself commissioned that found its approach had an "adverse human rights impact" on Palestinians and other Arabic-speaking users of its services. Those crit...