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Meta CEO Mark Zuckerberg testified in a Los Angeles trial, denying claims that Instagram intentionally targets children under 13. The case centers on allegations that social media platforms harmed a user’s mental health during childhood. Lawyers presented internal company documents suggesting discussions around engaging younger audiences, while Zuckerberg maintained that Meta does not permit users […]
Etsy shares climbed following the announcement that the company will sell its fashion resale platform Depop to eBay for nearly $1.2 billion. The move is expected to help Etsy refocus on its core marketplace for handmade and vintage goods as it works toward improving profitability under new leadership. Despite weaker quarterly performance and softer demand […]
Visa has announced plans to acquire payment platforms Prisma and Newpay from private equity firm Advent International, strengthening its presence in Argentina’s financial technology sector. The acquisition will integrate Visa’s global network with established local infrastructure, supporting broader adoption of digital payment solutions across the country. Visa indicated that the move would accelerate the rollout […]