November 11, 2024 at 12:10PM The US Supreme Court will determine the fate of a shareholder lawsuit against Meta (Facebook) regarding the Cambridge Analytica data breach. The Ninth Circuit allowed the case to proceed, citing misleading risk disclosures. Lawyers argue that organizations must not mislead investors about past risks impacting their business. **Meeting Takeaways: US … Read more
March 12, 2024 at 06:48PM Ex-Meta VP sued for allegedly stealing confidential documents to aid a new AI cloud startup. During his 12-year tenure, Dipinder Singh Khurana rose to VP of infrastructure before leaving for a stealth-mode startup. Meta accuses him of taking sensitive data and luring employees to his new employer, resulting in multiple … Read more
March 2, 2024 at 02:06AM A US judge ordered NSO Group to hand over its source code for Pegasus and other products to Meta, in light of ongoing litigation. This follows allegations that the spyware was distributed via infrastructure belonging to Meta, affecting 1,400 mobile devices, including Indian activists and journalists. NSO Group has been … Read more