Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the impact on Meta's user base by end of 2024?
Increase in user base • 33%
Stagnant user base • 33%
Decrease in user base • 33%
Meta's quarterly user statistics reports
US Supreme Court to Review Meta's Multibillion-Dollar Investor Lawsuit Over Cambridge Analytica Data-Harvesting Scandal
Jun 10, 2024, 01:52 PM
The US Supreme Court has agreed to review a multibillion-dollar private securities fraud shareholder lawsuit against Meta, the parent company of Facebook. The lawsuit accuses Meta of misleading investors about the misuse of user data in a scandal involving political consulting firm Cambridge Analytica. The case, which dates back to 2017 and 2018, alleges that Facebook failed to disclose the extent of data harvesting, presenting the risk as hypothetical rather than actual, starting from 2015. Meta is seeking to have the lawsuit dismissed, arguing that it did not mislead its investors. The Supreme Court's order list included this case.
View original story
Decrease in user growth • 33%
Same rate as 2023 • 33%
Increase in user growth • 34%
Increase • 33%
Decrease • 33%
Stay the same • 33%
Increase in user engagement • 33%
Decrease in user engagement • 33%
No significant change in user engagement • 34%
Increase in user base • 33%
No significant change • 33%
Decrease in user base • 34%
Threads • 33%
Instagram • 33%
WhatsApp • 34%
Algorithm changes • 25%
New features • 25%
Partnerships • 25%
Other • 25%
Major overhaul • 33%
Minor adjustments • 33%
No changes • 33%
Miss Expectations • 50%
Beat Expectations • 50%
Decrease • 50%
Increase • 50%
Dismissed • 50%
Not Dismissed • 50%
Significant Growth • 33%
Decline • 33%
Moderate Growth • 33%