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Accompanied by the launch of Threads, Meta announced their vision for the app to be a "positive and creative space to express your ideas". Users can create posts consisting of up to 500 characters of text or 5 minutes of video content (compared to Twitter's 280 characters of text and 2 minutes 20 seconds of video content for non-paying users).
As a result, Facebook was made subject to a new 20-year settlement order. In July 2019, the FTC sued Cambridge Analytica's CEO Alexander Nix and GSRApp developer Aleksandr Kogan. Both defendants agreed to administrative orders that restrict their future business dealings and to destroy both any collected personal data and any work product made ...
Meta also disclosed that in 2023 restructuring charges, including severance and facilities consolidation, totaled $3.45 billion. The company's head count as of Dec. 31, 2023, stood at 67,317, down ...
On May 20, 2010, the SEC filed a federal case against Edward A. Allen and David L. Olson, two former brokers of World Financial Group / World Group Securities, accusing them of having raised approximately $14.8 million through the offer and sale of promissory notes as part of an illegal Ponzi scheme in the States of Ohio and Florida between ...
Adjusted earnings per share came in at $1.20, beating estimates of $1.08. But its net sales of $8.85 billion were a drop compared to $9.47 billion a year ago and the $8.97 billion anticipated for ...
The short Memorial Day week opens with a modest rise in mortgage rates on popular 30-year and 15-year terms as of Tuesday, May 28, 2024. The current average interest rate for a 30-year fixed ...
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