The ruling is in addition to $375m in fines Meta was already ordered to pay in the case, for a total of $942m.

A US court ordered Facebook parent company Meta to pay $567 million to address harms to young people from its platforms - which he compared to a factory emiting poisonous pollution. New Mexico Judge

Researchers identified more than 50 ads on Meta properties that violated the company's policies on child sexual abuse material.

For capital expenditures, Meta narrowed its guidance for the year to between $130 billion and $145 billion from a prior range of $125 billion to $145 billion. With Meta pouring money into artificial intelligence infrastructure, Meta's free cash flow dwindled to $784 million in the quarter from $8.55 billion a year earlier.

Mark Zuckerberg's META isn't taking the latest court ruling of $567M with a shrug, the company promises to appeal

Rachel Peterson, vice president of data centers, discussed the company’s approach to building and community engagement in an interview posted on the site.

U.S. social media giant Meta is facing increasing pressure from Indian regulators, including demands to revoke the firm's safe harbor immunity in the country.

Meta's shares appear primed for a rebound.