Meta Platforms announced a new class of non-voting shares that it said will enable it to raise capital for its aggressive AI investments while preserving CEO Mark Zuckerberg’s voting control.

The new Class C common stock, announced Wednesday alongside quarterly results, is expected to take ...

Meta Platforms on Wednesday was ordered to pay $25 billion in penalties following a New Mexico court ruling tied to the Cambridge Analytica data scandal, according to a court judgment.

The ruling by a New Mexico state judge said the violations could have amounted to $219.5 billion, but the judge ...

Meta Platforms’ chief global affairs officer, Joel Kaplan, is set to leave the company next year, a Meta spokesperson said, after more than 15 years at the company in which he helped strengthen ties with Republicans including the Trump administration.

Kaplan has overseen Meta’s global policy ...

Meta Platforms plans to release a camera-free pair of smart glasses this fall, according to people familiar with the matter, as it looks to expand its hardware lineup amid privacy concerns about cameras on its existing offerings.

The new glasses model, internally code-named Luna, has six built-in microphones that will allow users to speak with Meta’s AI chatbot and its recently launched consumer AI agent, Muse, one of the people said. It also has a button on the side that can be used to quickly activate Meta AI, and speakers like those in its existing models that direct sound toward the user’s ears without covering them. In addition, the glasses have slimmer temple arms than previous Meta smart glasses such as its Ray-Ban models, making them look more like ordinary eyewear.

Meta Platforms is expanding its paid subscription offerings for its AI tools across Instagram, WhatsApp and Facebook as it looks to diversify revenue beyond digital advertising.

The company announced Tuesday in a blog post that it is introducing new tiers of its Meta One subscription plans, ...

Meta Platforms was ordered by a New Mexico judge on Thursday to pay $567 million in compensation after the company was found liable for harming teens’ mental health in the state.

The penalty follows a March jury verdict ordering the parent company of Facebook, Instagram and WhatsApp to pay $375 ...