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Meta loses UK challenge to online safety information demands

Britain’s High Court rejected a challenge by Meta ($META), TikTok and X to information notices issued by Ofcom. Reuters reported that the notices sought detailed measures of content moderation, including removed or restricted posts and users’ exposure to harmful material. The companies had argued that the demands imposed excessive regulatory burdens. The decision leaves Meta facing the reporting requirements under the UK’s online safety regime. Ofcom’s published framework requires platforms to a

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Meta launches $35 billion equity offerings and outlines a possible $60 billion program

Meta ($META) launched two separate public offerings: approximately $22.5 billion of Class A common stock through forward sale agreements and about $12.5 billion of depositary shares representing mandatory convertible preferred stock. The company intends to use eventual proceeds for general corporate purposes, including its AI infrastructure expansion. These are offering launches; final pricing and completed fundraising were not announced. Meta also outlined a possible $60 billion program to sell

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