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The Business Standard

Thursday
August 27, 2026

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THURSDAY, AUGUST 27, 2026

Meta Platforms Inc

Meta Platforms Inc

Witness Adam Mosseri, head of Instagram, is questioned by states' lawyer Jason Slothouber before US District Judge Yvonne Gonzalez Rogers as Meta faces a landmark trial in federal court over claims from 29 states, alleging it improperly captured data from minors, designed its social media platforms to addict children and misled the public about their safety in Oakland, California, US, 25 August 2026. Sketch: REUTERS/Vicki Behringer

Instagram head Mosseri, at children's addiction trial, says few teenagers knew of safety feature

Mosseri estimated in ​a December 2021 blog post when Take a Break was launched that in early tests more than 90% of teenage users who turned the feature on kept it on

Photo: Reuters

Meta is laying off hundreds of employees, source says

A 3D printed Facebook's new rebrand logo Meta is placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Meta's Mark Zuckerberg: Company's pandemic-era forecast was too rosy

A smartphone with Meta logo and a 3D printed Facebook logo is placed on a laptop keyboard in this illustration taken October 28, 2021. Photo :Reuters

Meta shares surge after Facebook ekes out user growth

A 3D printed Facebook's new rebrand logo Meta is placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Meta tests sale of virtual goods in metaverse

Facebook Chairman and CEO Mark Zuckerberg testifies in front of a projection of a "Zuck Buck" at a House Financial Services Committee hearing examining the company's plan to launch a digital currency on Capitol Hill in Washington, U.S., October 23, 2019. REUTERS/Erin Scott

Meta plans virtual currency, creator coins for its apps

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, US, 23 October, 2019. PHOTO: REUTERS/Erin Scott

All in a day: Zuckerberg loses $29 bln, Bezos set to pocket $20 bln

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, US, 9 March, 2020. PHOTO: REUTERS/Carlo Allegri

Wall St ends winning run as Facebook forecast halts tech-led recovery

A smartphone with Meta logo and a 3D printed Facebook logo is placed on a laptop keyboard in this illustration taken October 28, 2021. Photo :Reuters

Meta shares sink 20% as Facebook loses daily users for the first time

A smartphone with Meta logo and a 3D printed Facebook logo is placed on a laptop keyboard in this illustration taken October 28, 2021. Photo :Reuters

Meta to ban all Myanmar-army controlled businesses from platforms

The Instagram application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo

Instagram, ahead of US Senate hearing, tightens teen protection measures

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