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Jon Stewart's 'Really Lame' Dig About Facebook Purchase Of Instagram Resurfaces, Yet Meta Has The Last Laugh

Benzinga

Twelve years ago today, social media company Facebook, which is now known as Meta Platforms Inc (NASDAQ: META ) announced a $1 billion acquisition of mobile photo- sharing app Instagram. What Happened : Meta Platforms ended the fourth quarter with 3.19 billion daily active users and 3.98

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FTC Eyes 2024 Trial For Meta Antitrust Case

Law 360 M&A

federal court its case accusing Meta Platforms Inc. of monopolizing the personal social networking market could be ready for trial later this year, despite the company saying the case is too complex to start that soon. The Federal Trade Commission told a D.C.

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2023 CPA-Zicklin Index Shows Strong Increase in Number of Trendsetter, Top-Scoring Companies

Harvard Corporate Governance

It is the highest number of companies receiving Trendsetter status – over one-fifth of the S&P 500 companies evaluated – since the benchmarking study was expanded in 2015 from covering the S&P 100. There were 28 top-scoring companies then.) American Electric Power Company Inc.; Equinix Inc.;

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The Flaw in Anti-ESG Logic: Financial Interests of Companies Like Meta Don’t Always Align with Those of Its Shareholders

Harvard Corporate Governance

This post is based on the class action filed against the directors of Meta Platforms (formerly Facebook, Inc.), In the last few months, there has been an organized effort to falsely argue that companies and institutional investors are inappropriately prioritizing social and environmental responsibility over financial returns.

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DOJ Wants To Argue In State-Led Facebook Case At DC Circ.

Law 360 M&A

Circuit to support a contingent of state-level enforcers accusing Facebook's parent company Meta Platforms Inc. of monopolizing personal social networking services through acquisitions and developer restrictions on its platform. Department of Justice is requesting time during oral arguments at the D.C.

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Meta Takes Big Loss In $53M Sale Of Giphy To Shutterstock

Law 360 M&A

Stock photography website Shutterstock Inc. on Tuesday agreed to purchase Giphy Inc. for $53 million from Meta Platforms Inc., which will take a big loss after purchasing the company in 2020 for $315 million.

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Three Months Wait Time For Twitter Blue Mark Verification, Zuckerberg's WhatsApp And Metaverse Plans, China's COVID-19 Measures Hurt Alibaba's Biggest Event: Top Stories Friday, Nov. 18

Benzinga

Elon Musk's Ultimatum Triggers Mass Exodus At Twitter As Social Media Site Reportedly At Risk Of 'Breaking During Night' There are mounting concerns over the stability of Twitter's platform after hundreds of employees chose to exit the company instead of agreeing to work "long hours at high intensity."

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