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META Jan 2026 700.000 put
- Reuters
Meta must face lawsuit claiming it prefers foreign workers over US citizens
(Reuters) -A U.S. appeals court on Thursday revived a software engineer's proposed class action claiming Meta Platforms refused to hire him because it preferred to give jobs to foreign workers who are paid lower wages. The San Francisco-based 9th U.S. Circuit Court of Appeals in a 2-1 ruling said that a Civil War-era law barring discrimination in contracts based on "alienage" extends to bias against U.S. citizens. The decision reverses a California federal judge's dismissal of a lawsuit by Purushothaman Rajaram, a naturalized U.S. citizen who says Meta passes over American workers for jobs in favor of cheaper visa recipients.
- Benzinga
Regulatory Clouds Are Mounting Over Apple
On Monday, EU regulators found that Apple Inc (NASDAQ: AAPL) violated the Digital Markets Act due to its lucrative App Store by illegally blocking software developers from telling customers how to access content outside the app store. Regulators also revealed that they opened a separate investigation into Apple’s practice of charging a "core technology fee" for iOS apps available in the EU. Apple responded that it is confident that the changes it made in the EU comply with the DMA. Meanwhile, in
- Simply Wall St.
Is Meta Platforms, Inc.'s (NASDAQ:META) Recent Stock Performance Tethered To Its Strong Fundamentals?
Meta Platforms (NASDAQ:META) has had a great run on the share market with its stock up by a significant 6.8% over the...
