Lawsuit Accuses Facebook Parent Meta Of Misguiding Investors Regarding Apple's Privacy Policy
A proposed class-action lawsuit alleged Meta Platforms Inc (NASDAQ:FB) misguided investors into believing that the impacts of privacy tweaks to Apple Inc's (NASDAQ:AAPL) iOS software for iPhones "were manageable," Bloomberg reports. The lawsuit corroborated that Meta made the statement before disclosing its expectation to lose $10 billion in ad revenue in 2022 due to the changes. The…
Benzinga ·