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  2. Meta Platforms must face advertisers' class action, US ... - AOL

    www.aol.com/news/meta-platforms-must-face...

    The Menlo Park, California-based company has said ads generate "substantially all" of its revenue, which totaled $134.9 billion in 2023. Net income was $39.1 billion.

  3. United States v. Google LLC (2023) - Wikipedia

    en.wikipedia.org/wiki/United_States_v._Google...

    United States v. Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on January 24, 2023. [2] The suit accuses Google of illegally monopolizing the advertising technology (adtech) market in violation of sections 1 and 2 of the Sherman Antitrust Act of 1890.

  4. Intel defeats shareholder lawsuit over foundry losses, $32 ...

    www.aol.com/news/intel-defeats-shareholder...

    The lawsuit accused Intel of inflating its stock price from January 25 to August 1, 2024, when Intel posted a $1.61 billion quarterly loss and said it would lay off more than 15,000 people and ...

  5. Southern California Edison parent's stock falls amid ... - AOL

    www.aol.com/finance/southern-california-edison...

    As Edison stock dropped, so too did PG&E, the utility that serves northern California. PG&E has faced over $30 billion in legal claims for its role in past California wildfires, prompting the ...

  6. Fraley v. Facebook, Inc. - Wikipedia

    en.wikipedia.org/wiki/Fraley_v._Facebook,_Inc.

    Fraley, et al. v. Facebook, Inc., et al. is a class action lawsuit filed in California against Facebook alleging misappropriation of Facebook users' names and likenesses in advertisements called "Sponsored Stories". The case resulted in the parties reaching a settlement.

  7. The ‘ad cartel’ Elon Musk accused of collusion is shutting ...

    www.aol.com/finance/ad-cartel-elon-musk-accused...

    The initiative run through the World Federation of Advertisers has just two full-time staff members.

  8. Elon Musk’s X just sued a nonprofit advertising group out of ...

    www.aol.com/finance/elon-musk-x-just-sued...

    A major ad industry group is shutting down, days after Elon Musk-owned X filed a lawsuit that claimed the group illegally conspired to boycott advertising on his platform.

  9. California sues Amazon, alleging antitrust law violations

    www.aol.com/finance/california-sues-amazon...

    California is suing Amazon, accusing the company of violating the state's antitrust and unfair competition laws by stifling competition and engaging in practices that push sellers to maintain ...