In new filings, attorneys for social media giant Meta said the company will consider pulling the plug on platforms such as Facebook and Instagram in the state of New Mexico if a judge sides with the state’s Department of Justice... .
Meta stock fell more than 10% and headed for its largest daily decline since October 2025, The Kobeissi Letter said. Meta erased about $175 billion in market value after its Q1 earnings report.
Meta has threatened to block access to Instagram, Facebook and WhatsApp in New Mexico, which would be an unprecedented move in its home country ... Should Meta lose the second phase of trial, which will ...