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EU Slaps Meta With €798 Million Fine
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.
EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business.
1h
on MSN
Nvidia, Meta, Apple, and Microsoft Could Help This Magnificent ETF Turn $250,000 Into $1 Million
Additionally,
Meta
already has 3.3 billion daily active users, so the company will eventually hit a growth ceiling unless ...
1d
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.
14h
Microsoft’s top AI customers include Adobe and Meta
The software giant has a running list of what it considers its top 10 customers for Azure OpenAI, and I’m told Adobe and Meta ...
13h
on MSN
Meta and Palantir Join Forces in Defense Tech Artificial Intelligence (AI). Which Stock Is the Better Buy?
Meta is joining Palantir as a leading provider of artificial intelligence (AI) services for the U.S. military.
1d
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 ...
2d
on MSN
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 ...
20h
on MSN
Casey Affleck Says Meta's New AI Tool Will Help Filmmakers Without Access to ‘Studio Heads and All of Their Big Budgets'
Guests were treated to a special performance of Kenneth Lonergan's "Lobby Hero," starring Casey Affleck, Jamie Hector, Aubrey ...
16h
on MSN
Meta aligns platforms with ‘Views’ as primary content metric
Meta's shift to views as the primary metric across its platforms offers advertisers a unified way to measure reach.
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