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Meta fined €798m by EU

The Verge on MSN · 3h

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.

EU Fines Meta $840 Million Over Classified Ads Business

An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.

Bloomberg on MSN · 7h

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 Marketplace service to the social network, the US tech giant’s first ever penalty for EU antitrust violations.

Meta must face antitrust trial by FTC

Bloomberg L.P. on MSN · 23h

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 a federal judge threw out some allegations by the US Federal Trade Commission, but the heart of the case remains. In a 92-page order ...

Meta will face antitrust trial over Instagram, WhatsApp acquisitions

Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,

The Hill on MSN · 1d

Meta must face trial in FTC antitrust lawsuit, judge rules

A federal judge ruled Wednesday that Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over the social media giant’s acquisitions of Instagram and WhatsApp. U.S.

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 app Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of the plans.

Engadget on MSN · 1d

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.

Business Insider · 1d

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

8h

How The Meta-Reuters Deal Signals A New Era For AI And Media

This year has increasingly polarized the media industry into two camps — the AI bedfellows and adversaries — shaped by the ...

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...

1h

There's a Ray-Ban Meta rival coming and it could be better on your pocket

The report comes from the Chinese site 36Kr, which says that Xiaomi has Meta's smart specs firmly in its sights. Its ...

10h

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.

19h

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 ...

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