The jury in the case has ordered Meta to pay $5,000 per violation, the maximum allowed under state law, which amounts to roughly $375 million in civil penalties. An attorney for New Mexico had asked for the jury to impose a civil penalty that would’ve exceeded $2 billion, according to the Associated Press.

The trial was the first of what’s expected to be a wave of lawsuits against social media companies on allegations of harming kids and being addictive

The dollar amount isn’t as important as the fact that this is the first jury verdict of its kind against Meta over harm to young people.

Skyrocketing infrastructure costs and an increasingly capital-intensive business model are putting intense pressure on the company's profitability.

Meta Platforms Inc.’s rollout of new display-equipped Ray-Ban smart glasses in the European Union has been hampered by battery and artificial intelligence regulations in addition to supply constraints.

Meta Platforms, Inc. (NASDAQ:META) ranks among the best high profit margin stocks to buy. On March 5, Erste Group raised Meta Platforms, Inc.

Meta Platforms (META +2.00%) stock has been struggling of late. It's underperforming the market, which it also did last year. While the company looks to be a big player in artific

Yahoo Finance Anchor Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute. Arm Holdings (ARM) stock is soaring after announcing its first-ever in-house chip with Meta Platforms (META) as a lead partner.