Meta Platforms’ decision to revamp its stock structure was shaped by factors including expectations that the company could have to raise hundreds of billions of dollars in coming years and concerns that a proposed wealth tax in its home state of California could prompt Chief Executive Mark ...

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’ decision to revamp its stock structure was shaped by factors including expectations that the company could have to raise hundreds of billions of dollars in coming years and concerns that a proposed wealth tax in its home state of California could prompt Chief Executive Mark ...