Tag: Meta Platforms

CybersecurityPolicy

US Court Permanently Bars NSO Group from WhatsApp Targeting, Slashes Damages Award

A U.S. district court has issued a permanent injunction prohibiting Israeli spyware firm NSO Group from targeting WhatsApp users. The ruling comes alongside a dramatic reduction in punitive damages from $167 million to just $4 million in the long-running legal battle.

Landmark Ruling Against Surveillance Firm

A federal court has issued a permanent injunction against NSO Group, prohibiting the Israeli surveillance company from targeting users of Meta’s popular messaging platform WhatsApp. According to reports, U.S. District Court Judge Phyllis Hamilton handed down the 25-page ruling that could significantly impact NSO’s future operations.

by Nathan Cross
BusinessLegal

Scale AI Settles Worker Misclassification Lawsuits in California, Shifts Hiring Practices

Scale AI has reportedly agreed to settle multiple lawsuits from California contractors who alleged they were misclassified and underpaid. The company has since stopped hiring California gig workers as it faces additional legal challenges and regulatory scrutiny.

Scale AI Reaches Settlement in Contractor Lawsuits

Scale AI has agreed to settle four lawsuits filed by former California-based workers who alleged they were illegally classified as contractors rather than employees, according to court documents reviewed by Business Insider. The San Francisco-based company, which plays a crucial role in training artificial intelligence models, reportedly reached settlements with all plaintiffs across the four cases, though specific terms remain undisclosed pending judicial approval.

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BusinessStartups

From Microsoft Layoff to Meta Hire: How Networking and Support Groups Fuel Career Resilience

A 14-year Microsoft veteran turned job loss into opportunity through strategic networking and layoff support groups. Her journey from Xbox researcher to Meta’s Reality Labs demonstrates how peer support can accelerate career transitions in turbulent tech markets.

Tech Industry Veteran Navigates Unexpected Career Transition

A former Microsoft employee’s proactive approach to her unexpected job loss led to a new position at Meta within just two months, according to reports detailing her career transition strategy. Deborah Hendersen, a user researcher who spent 14 years with the technology giant, reportedly secured the new role without ever formally applying through traditional channels.

by Henry Blakemore
BusinessTechnology

Meta Stock Returns $167 Billion To Shareholders Through Dividends And Buybacks

Over the previous ten years, Meta Platforms stock has delivered a remarkable $167 billion back to investors through dividends and stock buybacks. This substantial capital return highlights the company’s financial strength and management confidence in sustainable cash flows.

Meta’s Decade-Long Shareholder Returns Reach $167 Billion

According to reports from financial analysts, Meta Platforms (NASDAQ:META) has delivered approximately $167 billion back to its shareholders over the past ten years through a combination of dividend payments and stock buybacks. Sources indicate this substantial capital return demonstrates the company’s robust financial position and management’s confidence in sustainable cash flow generation.

by Henry Blakemore