Tag: Facebook

Meta takes aim at Twitter with the launch of rival app Threads

Meta has unveiled an app called Threads to rival Twitter. It's targeting users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk. Threads is billed as a text-based version of Meta's photo-sharing app Instagram. It went live Wednesday in Apple and Google Android app stores in more than 100 countries. CEO Mark Zuckerberg says 10 million people had signed up in […]

07/06/2023 20

Events

Delaware judge refuses to dismiss Facebook shareholder suit over user data privacy breaches

DOVER, Del. (AP) — A Delaware judge has refused to dismiss a shareholder lawsuit alleging that Facebook officers and directors violated both the law and their fiduciary duties in failing for years to protect the privacy of user data. The judge Wednesday said the plaintiffs had demonstrated that demanding that Facebook's board take legal action before filing their shareholder lawsuit would have been futile because board members have disqualifying conflicts. […]

05/12/2023 24