Shares of the social media giant were down more than 26% Thursday. The New York State Common Retirement Fund lost $470 million. The California Public Employees Retirement System lost $440 million.

Forbes contributors publish independent expert analyses and insights. Kate O’Flaherty is a cybersecurity and privacy journalist. This article is more than 3 years old. Apple’s new privacy features ...

Shares of Facebook parent Meta fell over 25% on Thursday—erasing over $230 billion in market value for its worst trading session in history—after the company’s dismal quarterly earnings report showed ...

Dec 23 (Reuters) - Facebook owner Meta Platforms Inc (META.O), opens new tab has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, ...

Facebook parent company Meta has agreed to pay $725 million to settle a class-action lawsuit claiming it improperly shared users' information with Cambridge Analytica, a data analytics firm used by ...

Feb 2 (Reuters) - Facebook owner Meta Platforms Inc's (FB.O), opens new tab shares plunged more than 20% late on Wednesday after the social media company posted a weaker-than-expected forecast, ...