Meta Platforms Inc., parent company of Facebook and Instagram, on Friday, has sought an out-of-court settlement with the Nigeria Data Protection Commission (NDPC), after filing a lawsuit challenging the latter's $32.8 million fine and a series of compliance orders issued against the former for alleged data privacy violations involving Nigerian users.
Meta Platforms Inc. has reportedly offered over $200 million in total compensation to Ruoming Pang, a former distinguished engineer who led Apple’s AI models team in one of the most eye-catching deals.
Meta Platforms Inc., the parent company of Facebook and Instagram, is in advanced talks with major private capital firms to raise as much as $29 billion to finance its aggressive expansion into artificial intelligence (AI) infrastructure.
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has emerged as the most heavily fined social media company under the European Union’s General Data Protection Regulation (GDPR), according to a new report by cybersecurity firm Surfshark.
Mark Zuckerberg, Chief Executive Officer of Meta Platforms Inc., sold over $733 million worth of company shares in the first quarter of 2025, weeks before President Donald Trump’s April 2 announcement of sweeping reciprocal tariffs, Bloomberg reported, citing data from Washington Services.
