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‘Victims of Instagram’: Meta faces novel legal threat over teen suicides

Meta is facing a fresh storm of lawsuits that blame Instagram for eating disorders, depression and even suicides among children and teens — and experts say the suits are using a novel argument that could pose a threat to Mark Zuckerberg’s social-media empire. The suits — which are full of disturbing stories of teens being …

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Meta’s first-ever corporate bond deal sees $30 billion in demand despite Zuckerberg’s gloomy warning

Corporate bond investors appeared pretty bullish on the metaverse Thursday, or at least about digital advertising. Meta Platforms Inc. META, -2.03%, the parent of Facebook, on Thursday saw roughly $30 billion in demand for its debut $10 billion, four-part U.S. corporate bond deal, according to a person with knowledge of the dealings and Informa Global …

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Facebook parent Meta makes first-ever bond offering

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Facebook-parent Meta Platforms (META.O) said on Thursday it would make its first-ever bond offering, at a time when the social media …

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Google, Facebook CEOs warn slackers, what it means

Check out what’s clicking on FoxBusiness.com. The chief executives of Alphabet and Meta Platforms, the parent companies of Google and Facebook and major heavy hitters in the tech world, are warning under-performing employees to step it up, drawing concern for potential layoffs amid the continued economic downtown.  The U.S. economy shrank from April through June …

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Economist slams ‘Orwellian’ Facebook for fact-checking recession post

A prominent economist has revealed that Facebook placed a fact-checking label on a post asserting that the US has entered a recession, giving it a “partly false” rating as President Biden continues to reject the grim assessment of the economy. Dr. Phillip Magness, the research and education director at the American Institute for Economic Research, a …

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Indonesian Government Blocks Steam, Epic & Nintendo For 270 Million People

Over the weekend the Indonesian government began the task of blocking any website or service that had failed to register as part of new “internet control” laws. That ended up being a lot, including everything from Steam to the Epic Games Store to Nintendo Online to EA and Ubisoft’s platforms. Indonesia’s Ministry of Communication and …

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