By Bloomberg Published July 28, 2025 EssilorLuxottica, the world’s largest eyewear group and owner of Ray-Ban, reported stronger-than-expected revenue for the second quarter, driven by price gains and growing momentum in smart glasses innovation. EssilorLuxottica beats forecasts on smart glasses surge – Bloomberg EssilorLuxottica SA reported better-than-expected revenue in the second quarter, though tariffs and…
In September 2006, Mark Zuckerberg, the chief executive of Facebook, described what made his social network special. “Facebook is about real connections to actual friends,” he wrote in a company post. Two decades later, that description is at the center of a landmark antitrust trial against Mr. Zuckerberg’s social networking empire, now called Meta, and…
The Israeli cybersecurity firm NSO Group was ordered on Tuesday to pay $167 million in damages to Meta, capping a six-year legal battle after NSO hacked 1,400 WhatsApp accounts belonging to journalists, human-rights activists and government officials. In December, Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California ruled that…
Meta said on Wednesday that it expected to see strong revenue growth in its advertising business in the coming months, even as President Trump’s tariffs threaten to batter the global economy. The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, also reported rising revenue and profit for the first quarter, buoyed by Instagram and…
The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off a landmark antitrust trial that could dismantle a social media empire that has transformed how the world connects online. In a packed courtroom in the U.S. District Court of the…
Mark Zuckerberg, the chief executive of Meta, has lobbied President Trump and his aides to resolve a federal antitrust lawsuit against his company that is set to go to trial on April 14, three people with knowledge of the matter said. Mr. Zuckerberg has made several trips to the White House and Mar-a-Lago to discuss…
Meta won a legal victory on Wednesday against a former employee who published an explosive, tell-all memoir, as an arbitrator temporarily prohibited the author from promoting or further distributing copies. Sarah Wynn-Williams last week released “Careless People: A Cautionary Tale of Power, Greed, and Lost Idealism,” a book that describes a series of incendiary allegations…