Meta, X, TikTok, Snap and Discord confront Congress eager for tighter social media regulation

(L-R) Shou Zi Chew, CEO of TikTok, Linda Yaccarino, CEO of X, and Mark Zuckerberg, CEO of Meta testify before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images “We could regulate you out of business if we wanted to,” a frustrated … Read more

Meta chief Mark Zuckerberg criticized over child sex targeting on site

New Mexico Attorney General Raúl Torrez discusses the nexus of public safety, mental health and adverse child experiences during a news conference following a summit in Albuquerque, N.M., Friday, Nov. 3, 2023. Susan Montoya Bryan | AP New Mexico’s attorney general slammed Meta and its CEO Mark Zuckerberg on Wednesday for failing to protect children … Read more

CEOs of Meta, TikTok, X and other social media firms to testify at hearing on child safety

Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Stefani Reynolds | AFP | Getty Images Mark Zuckerberg, Linda Yaccarino, Evan Spiegel and other leading social media executives face a grilling on Wednesday from lawmakers concerned about child exploitation and … Read more

Activists eyeing tech stocks ahead of expected M&A rebound after lull

Paul Singer speaking at the Delivering Alpha conference in New York on Sept. 13, 2016. David A. Grogan | CNBC Activist investors are circling the tech market. That’s because, after a two-year plunge in mergers and acquisitions across the industry, there are signs of life to start 2024, with expectations that many more deals are … Read more

Why kids streaming content is vital to subscriber growth

Tinky-Winky, Laa-Laa, Dipsy and Po pose for a photo as the Teletubbies celebrate their 25th anniversary with the Lighting of the Iconic Empire State Building on April 26, 2022 in New York City. John Lamparski | Getty Images Entertainment | Getty Images “Tinky Winky. Dipsy. Laa-Laa. Po!” Those four names, the iconic sing-song intro to … Read more

Tech layoffs jump in January as Alphabet, Meta, Microsoft reach high

Tech stocks on display at the Nasdaq.  Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap. Don’t tell that to the … Read more

Meta’s retreat from news accelerated in 2023, leaving media scrambling

Mark Zuckerberg, CEO of Facebook, testifies remotely as Sen. John Kennedy, R-La., watches during the Senate Judiciary Committee hearing “Breaking the News: Censorship, Suppression, and the 2020 Election,” in Washington, Nov. 17, 2020. Bill Clark | Reuters Mother Jones CEO Monika Bauerlein has had a front-row seat in recent years to watch Facebook upend the … Read more

AG suit alleges Meta estimated 100K kids per day sexually harassed on Facebook, Instagram

A worker picks up trash in front of a new logo and the name ‘Meta’ on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Images WASHINGTON — A new legal filing about child exploitation on Meta‘s Facebook and Instagram apps alleges a 2021 internal … Read more

Sheryl Sandberg says she’s leaving Meta’s board

Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Former Meta operating chief Sheryl Sandberg said Wednesday that she’s leaving the company’s board of directors. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand … Read more

Meta CEO Zuckerberg to be deposed in Texas facial recognition case

Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Leah Millis | Reuters Meta CEO Mark Zuckerberg must take part in a deposition as … Read more