07:29 AM EDT, 07/16/2025 (MT Newswires) -- Meta Platforms ( META ) shareholders and Chief Executive Mark Zuckerberg are set to face off beginning Wednesday in an $8 billion trial over alleged illegal harvesting of Facebook user data, multiple news outlets reported. Jeffrey Zients, a Meta director for two years starting in May 2018 and White House chief of staff...

(Reuters) -Morgan Stanley's profit climbed as market volatility buoyed its trading desk, echoing second-quarter results among its Wall Street rivals. Equity markets swung sharply during the quarter after U.S. President Donald Trump announced sweeping tariffs against major economies. The turbulence spurred trading as investors repositioned their portfolios and hedged risks, driving gains in Morgan Stanley's trading business. In trading, equities...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

(Reuters) -Goldman Sachs' profit jumped 22% in the second quarter, as turbulent markets lifted equities trading revenue to a record and a pickup in dealmaking boosted investment banking. Investors flocked to markets to make trades and manage tariff-related risks as U.S. trade policies shifted. The turmoil boosted trading desks across Wall Street. Goldman's equities trading revenue rose 36% to $4.3...