Meta Platforms Stock News

The Federal Trade Commission said Facebook went on an "anticompetitive shopping spree" when it bought Instagram and WhatsApp.

A trove of internal documents released by a former employee sparked a series of hearings and public outrage against the company.

United States District Judge James Boasberg ruled the Federal Trade Commission can move forward with a revised antitrust case against Meta Platforms'' Facebook unit.

One of the biggest news items of the early new year Take-Two Interactive Software, Inc.''s (NASDAQ: TTWO ) $12.7-billion acquisition of Zynga Inc (NASDAQ: ZNGA ). Zynga founder Mark Pincus shared the story of the company''s early days and some lessons along the way. What Happened: The mobile game company, perhaps best known for launching "FarmVille," was founded in 2007 and its early days trace back to providing games on Facebook , the social media platform owned by Meta Platforms Inc (NASDAQ: FB ). Pincus shared in a Twitter post : I started Zynga in Jan. 07 to build a social poker game for Facebook (which had 15m users). We put real people around a table to play with real friends. We launched five months later; it quickly ballooned into the worlds largest free poker game. Zynga started on Full story available on Benzinga.com

The Biden administration was given another chance to pursue legal action against Facebook over claims that the social network is a monopoly. A federal judge rejected parent company Meta Platforms attempt to throw out the Federal Trade Commissions antitrust complaint. The ruling by US District Judge James Boasberg on Tuesday is a reversal of his

Doordash co-founder and CEO Tony Xu has joined Metas board of directors, the Facebook parent company announced on Tuesday. Xu has served as CEO of Doordash since 2013 and was appointed the companys board chair in November 2020. Meta says Xus appointment is effective immediately. Xus appointment brings the total number of people on Metas []

Doordash co-founder and CEO Tony Xu has joined Metas board of directors, the Facebook parent company announced on Tuesday. Xu has served as CEO of Doordash since 2013 and was appointed the companys board chair in November 2020. Meta says Xus appointment is effective immediately. Xus appointment brings the total number of people on Metas []

Facebook''s parent company Meta added DoorDash CEO Tony Xu as an independent director in the latest governance shakeup at the company.

Meta Platforms (FB) has added DoorDash CEO Tony Xu to its board effective immediately

Facebook parent Meta Platforms Inc. on Tuesday named DoorDash Inc. Chief Executive Tony Xu to its board, effective immediately. "Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses," Meta CEO Mark Zuckerberg said in a statement. "I''ve always thought it''s important to have great tech leaders on our board, and Tony has direct experience both running a tech company and solving complex challenges in commerce." Xu''s addition brings Meta''s board to 10 members. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

A District of Columbia federal judge has revived a case against Meta, formerly known as Facebook, over its alleged maintenance of a social networking monopoly.

The judge also said FTC Chair Lina Khan''s participation in the vote to file the amended complaint was valid, despite Facebook''s argument for her recusal.

Facebook (FB +1.9%) has again lost a bid to throw out the Federal Trade Commission''s antitrust case against it. The U.S

Contractors at an Accenture site in Austin that handles moderation and other services for Meta and WhatsApp are still waiting for their holiday paychecks and threatening to stop work as a result.

A new report found that the social network has rejected ads from 60 companies focused on womens sexual health, citing policies on adult products and services.