Meta Dodges Breakup as Judge Highlights Market Share Declines

Researchers have identified a significant security vulnerability in WhatsApp, which has the potential to expose sensitive user information. This flaw allows unauthorized access to 3.5 billion phone numbers through the app's contact discovery feature, marking a serious breach of privacy for users worldwide. The discovery raises concerns about the app's security measures and the protection of user data.

Citadel Securities LLC has initiated trading for two baskets of corporate bonds from major tech companies including Microsoft Corp., Amazon.com Inc., Alphabet Inc., and Meta Platforms Inc. This move comes as investors seek more liquid options to engage in substantial investments in artificial intelligence.

Yann LeCun, a prominent artificial intelligence pioneer and head of a research lab at Meta Platforms Inc., has announced his departure from the company at the end of the year to launch a new startup, as revealed in a memo obtained by Bloomberg News.

Meta is investing millions in new security tools and an expanded bug bounty program to enhance the security of WhatsApp. This initiative aims to address vulnerabilities and improve user trust in the platform.

Meta Platforms Inc. has expressed significant challenges in identifying and removing underage users as it prepares to comply with Australia's upcoming ban on social media access for individuals under 16 years old, set to take effect next month.

Meta has successfully won an antitrust case that could have required the company to divest its popular platforms, Instagram and WhatsApp. A federal judge ruled in favor of Meta, dismissing the Federal Trade Commission's (FTC) allegations that the company held a monopoly in social media. This ruling is seen as a significant legal victory for Meta, allowing it to retain ownership of these key assets.

A federal judge ruled in favor of Meta, the parent company of Facebook, rejecting the FTC's antitrust case that sought to unwind its acquisitions of Instagram and WhatsApp. The ruling signifies a significant legal victory for Meta, allowing it to maintain its ownership of these popular social media platforms without facing forced divestiture. This decision comes amid ongoing scrutiny of large tech companies and their market practices.

Meta Platforms Inc. has announced the departure of its Chief Revenue Officer, John Hegeman, amid a significant leadership reshuffle. This change comes as the company faces mounting pressure to execute its ambitious and costly artificial intelligence strategy. Hegeman's exit is part of a broader shift within the organization as it seeks to adapt to evolving market demands and internal challenges.