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Meta, Facebook
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
E.U. fines Meta $840 million for abusive practices on Facebook Marketplace
European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.
Meta must face antitrust trial by FTC
Antitrust lawsuit against Meta heads to trial in effort to break up social media giant
An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly denied a request for summary judgment from the parent company of Facebook. The Federal Trade Commission alleges Meta overpaid for Instagram in 2012 and WhatsApp in 2014 to stifle competition.
Meta must face antitrust trial by FTC: Issues with Instagram and WhatsApp acquisitions.
A federal court allows the FTC's antitrust lawsuit against Meta to proceed, alleging monopoly through Instagram and WhatsApp acquisitions.
Meta could be forced to separate Instagram and WhatsApp
A DC District Court Judge ruled on Wednesday that Meta will have to face the Federal Trade Commission's antitrust lawsuit. This lawsuit accuses Meta of
Meta to introduce ads on Threads
Meta to introduce ads on Threads in early 2025, The Information reports
Meta Platforms plans to introduce advertisements to its social media platform Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of the plans.
Meta will reportedly bring ads to Threads as soon as January
Threads could start getting ads much sooner than Meta has let on. The company is now planning to bring ads to its newest app “early next year” with the first ads arriving in January of 2025, according to a new report in The Information.
Meta planning to introduce ads to Threads in early 2025, The Information reports
Meta plans to launch ads on Threads early next year, in an effort to cash in on the app’s swift growth, The Information’s Sylvia
1h
on MSN
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook ...
Bloomberg L.P. on MSN
16h
Meta Must Face Trial After Judge Pares Some FTC Claims
Meta
Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after ...
12h
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Personalised advertising boosts revenue for companies, Meta said in a press release. It referenced an in-house study showing ...
Forbes
4h
How The Meta-Reuters Deal Signals A New Era For AI And Media
technology in global digital content. Social media enthusiasts can now access real-time, trustworthy
news
through their ...
2h
Ray-Ban Meta smart glasses too expensive? Cheaper rivals could be coming soon
There’s no precise word on how much they’ll cost when they launch, but Xiaomi is known for producing more affordable tech ...
2h
on MSN
TikTok, X, Meta exposed to terrorist content: Irish regulator
The online platforms now have three months to report back about the measures they took to take down illegal content. View on ...
3h
AI Powers Meta’s Strong Q3 Growth: Profits Soar
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
3h
on MSN
Meta Orion AR glasses could get these 3 incredible sci-fi tricks, according to new Project Aria update
Researchers have shared their impressive Meta Aria projects Aria is a research kit to help developers better understand AR ...
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