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In a significant legal development, Meta Platforms Inc. (NASDAQ:META) is set to face a class action lawsuit. The case revolves around allegations that the tech giant misrepresented the audience size for its Facebook and Instagram advertising services. What Happened: The U.S. Court of Appeals for...

Meta Platforms Inc.'s (NASDAQ:META) Instagram, once considered to be losing its appeal to the younger generation, has made a surprising comeback, outperforming TikTok in app downloads and user engagement. What Happened: Despite facing a potential existential threat from TikTok, Instagram has...

In this day and age of instant gratification and dopamine boost, thanks to social media, keeping a tab on who follows and likes you on popular services like Meta Platforms Inc.-owned (NASDAQ:META) Instagram has become a bit of a habit for some people. However, Instagram does not notify you when...

A bill to push for TikTok parent company ByteDance to sell the company or face a ban passed the U.S. House of Representatives on Wednesday. News of the potential sale or U.S. ban could have a huge impact on content creators and could also see rival social media platforms benefit. What Happened: The...

Leading AI startup OpenAI is facing accusations of violating data protection laws. The allegations stem from the lab’s use of public social media posts to train its new video generation model, Sora. What Happened: In a recent interview with The Wall Street Journal's Joanna Stern, OpenAI...

Deepwater Asset Management managing partner Gene Munster on Wednesday echoes former President Donald Trump's views on the TikTok ban debacle.  What Happened: Munster took to X, formerly Twitter, and said, "TikTok ban took another step forward today with the House passing a bill to requiring...

In a recent interview with CNBC’s "Squawk Box," a top analyst at Jefferies contradicted former President Donald Trump‘s view of Meta Platforms Inc‘s (NASDAQ:META) Facebook as the “enemy of the people.” What Happened: Despite Trump’s public criticism of Facebook,...

The Royal Family has released a photo of Kate Middleton, the Princess of Wales, which appears to be heavily edited. The image, intended to address concerns about Middleton’s prolonged absence, has instead sparked further controversy. What Happened: The photo, released on the Prince and...

Instagram users have gained a new level of privacy control with the platform’s latest feature update. The platform now allows individuals to turn off read receipts for direct messages, which could significantly impact how users interact with the app. What Happened: Instagram has introduced a...

Update: This story was updated at 6:21AM ET after Temu’s spokesperson responded to Benzinga’s query. Chinese e-commerce entity, Temu, has given a substantial lift to the advertising revenues of Meta Platforms Inc (NASDAQ:META) and Google parent company Alphabet Inc (NASDAQ:GOOGL) (...

Meta Platforms Inc.‘s (NASDAQ:META) Instagram is introducing new direct messaging (DM) features. The updates aim to enhance user connectivity and messaging experience. What Happened: Instagram announced a series of new DM features that will enable users to have a more flexible and enjoyable...

Eight consumer groups in the European Union have filed complaints against Mark Zuckerberg's Meta Platforms Inc. (NASDAQ:META). The tech giant is being accused of engaging in massive, illegal data processing. What Happened: The consumer groups claim that Meta’s data collection methods infringe...

Mark Zuckerberg, the CEO of Meta Platforms, recently visited a McDonald’s in Japan and was so impressed that he jokingly suggested it deserved a Michelin star. What Happened: Zuckerberg, who is currently on a personal trip to Japan, shared his McDonald’s experience on Instagram,...

In anticipation of the European Union’s 2024 Parliament elections, Meta Platforms Inc. is enhancing its security measures and transparency tools. This could be a sign of how the Mark Zuckerberg-led company might deal with the US presidential election in November. What Happened: As revealed in...

Meta Platforms Inc.'s (NASDAQ:META) Instagram is working on a new feature that mimics Snap Inc.'s (NYSE:SNAP) Snapchat "Snap Map" functionality. This will allow users to share location with their friends from within Instagram, instead of using Snapchat. What Happened: Mobile developer Alessandro...