Meta Platforms ( (META) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Meta Platforms is grappling with fresh regulatory and legal headwinds just as analysts remain firmly bullish on the stock. In the U.S., the company faces a new privacy lawsuit tied to its AI-powered smart glasses, after reports that subcontractor staff in Kenya reviewed highly sensitive user footage, raising questions over how effectively Meta protects and anonymizes data captured by its devices.
Meta and manufacturing partner Luxottica Group are accused of violating privacy and consumer protection laws, with critics challenging Meta’s assurances that faces in recordings are routinely blurred and content stays on-device unless shared. At the same time, the European Commission is ramping up antitrust pressure, pushing Meta to open WhatsApp to rival AI chatbots for at least 12 months, a move that could dilute Meta AI’s dominance but ease the risk of immediate EU sanctions.
The company had previously limited WhatsApp access to its own Meta AI assistant, citing system strain from third‑party chatbots, but regulators in Italy and Brussels argued that blocking competitors abused Meta’s dominant position in EU messaging. Despite these mounting regulatory risks, Wall Street remains optimistic: Meta Platforms holds a Strong Buy consensus, with an average price target around $858 per share, implying roughly 30% upside and signaling that investors still see significant growth potential beyond the current legal and antitrust storms.