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 ...