Australia set to sue Meta, TikTok, and other tech giants over under-16 social media ban

Meta Platforms' chief global affairs officer Joel Kaplan will depart next year after 15 years. Dina Powell McCormick, president and vice chairman, will take over his responsibilities. Kaplan's exit follows Meta's policy shifts and closer ties with Trump's administration. Meta faces scrutiny over AI's impacts and safety concerns.

A federal judge ordered Meta to disclose employees involved in obtaining datasets from shadow libraries like Anna’s Archive and LibGen. The decision stems from a legal battle over AI training on protected content. Meta must identify decision-makers and their roles, including those using BitTorrent. The case could impact other plaintiffs and Meta's ongoing copyright disputes.

Meta's policy chief Joel Kaplan will leave in 2027, staying through U.S. midterms. C.J. Mahoney, a former Trump official and Microsoft general counsel, will take on policy responsibilities. Brian Rice, a former Kerry aide, now leads U.S. government affairs.

Joel Kaplan, Meta's chief global affairs officer, will leave the company in 2027 after 15 years. He will help transition responsibilities to senior executives, including Dina Powell McCormick and C.J. Mahoney. Kaplan advised CEO Mark Zuckerberg on policy and regulatory issues. Meta is expanding its AI operations and leadership roles.

Alphabet (GOOGL) shares rose 1.29% to $345 on Monday, despite KeyBanc cutting its price target to $410 from $435. The company's Q2 results showed strong cloud and AI-driven profit growth, with Cloud operating income reaching $8.814 billion. Investors are focused on Alphabet's ability to sustain earnings growth amid rising infrastructure costs.

Meta's long-serving policy chief Joel Kaplan is leaving the company. According to spokesperson Andy Stone, Kaplan has been a key liaison with GOP figures in Washington for over a decade.